Chinese company Chagee Holdings Ltd., known for its unique bubble tea offerings, is planning to raise a substantial $411 million through an initial public offering (IPO) in the United States. Despite the challenging and volatile market conditions caused by tariff measures under the Trump administration, Chagee is determined to pursue its objectives.

Mixue Group, a well-known bubble tea shop chain, aims to raise significant capital through an Initial Public Offering (IPO) in Hong Kong. The company plans to secure HKD 3.45 billion (approximately USD 444 million). This move signifies the ambitious growth trajectory of a company that already has one of the largest franchise networks in its sector.