Ada Li’s Post

China Resources Beverage Gets Approval for Hong Kong IPO

🚨FOOD INDUSTRY NEWS🚨 Shares of Chinese bubble tea maker, Sichuan Baicha Baidao Industrial, slumped in Hong Kong’s biggest listing of the year, underscoring fragile sentiment in the Asian financial hub amid an extended downturn in new offerings. Shares of the fast-expanding Chinese tea chain closed at 12.80 Hong Kong dollars in their trading debut, 27% below their initial public offering pricing of HK$17.50. 📉 #ipo #hongkong #bubbletea #beverageindustry #newsletter

Foshan Haitian Flavouring and Food, a leading Chinese condiment producer, has engaged China International Capital Corp, Goldman Sachs, and Morgan Stanley to support a secondary listing in Hong Kong, aiming to raise at least $1.5bn.   The company plans to file its preliminary prospectus with the Hong Kong Stock Exchange as early as January. Haitian's board approved the Hong Kong share issuance earlier this week. #IPO #Condiment #FoodandBeverage

China Resources Beverage Debuts Strongly with 14% Share Price Surge #DWTS #WWENXT #NYKvsBOS #FrozenFrenzy #DifferentHere #DWTS #WWENXT https://lnkd.in/daHG3KtA China Resources Beverage Holdings Co. has made a significant entry into the Hong Kong stock market, capturing investor interest with its recent IPO. This debut not only marks a pivotal moment for the company but also sets the stage for potential shifts in the beverage sector and investment dynamics in Hong Kong. The Trading Debut of China Resources Beverage Holdings Co. China Resources Beverage Holdings Co. has officially made its mark with a strong trading debut in the Hong Kong stock market. Right from the get-go, the excitement was palpable as shares began trading. The initial price took off, showcasing a substantial share price increase that caught the attention of both casual investors and market analysts. The company’s Hong Kong IPO was highly anticipated, creating buzz in financial circles. Many investors were eager to see how the stock would perform on its first day. The hype surrounding the IPO wasn’t just about the company itself; it also reflected broader trends in the beverage sector. This debut signals promising times ahead for shareholders and the industry alike. Investor Response and Market Impact The market response to the IPO of China Resources Beverage Holdings Co. was nothing short of impressive. The stock saw a remarkable increase of about 14% on its first day. This strong stock performance indicates how investors believe in the company’s future growth potential. Factors such as robust marketing strategies and an expanding product line played a role in building positive sentiment surrounding the stock. Following this strong debut, investor confidence in China Resources Beverage Holdings Co. continues to grow. Many are looking closely at the beverage market in Hong Kong for potential investment opportunities. The performance of the stock on its first day serves as an encouraging signal for future offerings in the sector. Implications for the Beverage Market in Hong Kong The successful IPO of China Resources Beverage Holdings Co. isn’t just a big moment for the company; it could also influence the entire beverage market in Hong Kong. With the rising interest in health and wellness beverages, this IPO may lead to shifts in consumer behavior. Market dynamics could see a shift toward innovative beverage options and healthier choices, which many consumers are now prioritizing. Given the current trends, companies operating in the beverage sector may feel encouraged to establish or expand their presence in the Hong Kong market. This could translate to more competition, potentially leading to advancements in product offerings that cater to consumer preferences. The impact of this IPO could indeed set a new benchmark for beverage companies looking to enter or thrive in the market. I...

China's leading condiment producer and Shanghai-listed, Foshan Haitian, plans to raise $193M through a Hong Kong H-Shares IPO. Funds will support international expansion as Haitian enhances its global brand image. With a $37B valuation and 27% annual share growth in Shanghai, Haitian aligns with China's dual-listing initiatives for domestic firms. #IPO #FoshanHaitian #HongKongStockExchange #Condiments #China https://lnkd.in/eE9CA6E4

Southeast Asia's largest brewing company Thai Beverage announced a major restructuring. ThaiBev will completely exit the real estate business, transferring its 28.8% stake in Frasers Property to TCC Assets. In exchange, ThaiBev will receive shares of Fraser and Neave (F&N), increasing its stake from 28% to nearly 70%. The deal will allow ThaiBev to expand its presence in the non-alcoholic beverages and dairy products segment through F&N. The share swap is valued at approximately $1.6 billion and requires no cash transactions. The company expects that focusing on its core business will lead to a revaluation of its shares. Following the announcement, F&N shares rose by 26%, while Frasers Property shares increased by 5.6%. This restructuring is aimed at strengthening ThaiBev's position as a leading beverage and food producer in the region. Read more: Reuters https://lnkd.in/gr9QZhnV The Straits Times https://lnkd.in/g9W5rDny Bngkok Post https://lnkd.in/g6KDvCxN

Choppies Supermarket Hit with N$2.2 Million Fine for Breaking Competition Rules The Namibian Competition Commission (NCC) fined Choppies Supermarket N$2,200,000 for merging with Grootfontein Supermarket and Bottle Store without approval. The merger breached the Competition Act's notification rules, even though it didn't harm competition. Choppies must pay the fine and adopt a compliance program to promote fair market practices. Full article: https://lnkd.in/dsZ3w8Zg Source: Informante Get all the latest updates on your phone 📲: https://lnkd.in/dGDrnG4B

Allied Blenders and Distilleries, Indian made foreign liquor company that also sells packaged drinking water under the brand name of officers' choice is launching its IPO, providing a new investment opportunity in the brewing industry. The company plans to use its proceeds to pay down debt, lower finance costs, and boost profit margins. Even though the issue is fully priced in the near term, the company has promising long-term business prospects. And, The GMP stands at Rs 76 as of the 25th of June. Here's all you need to know about the IPO, assess the potential and take your decision! #AlliedBreweriesIPO #InvestmentOpportunity #FinancialGrowth"

Cheers to Allied Blenders and Distillers Limited's IPO! Allied Blenders and Distillers, one of India's leading alcoholic beverage companies, is all set to go public! Are you considering investing in this exciting opportunity? Do your research and make informed decisions. Disclaimer: Investing in the securities market involves market risks. Please read all related documents carefully before investing. My posts and videos are for educational purposes only, and I do not provide specific trade or investment advice. #AlliedBlendersAndDistillers #IPO #StockMarket #Investment #India #Business #finance #approval #ipo #beverage #alcohol #whisky #alliedblenders #distillers #indianstockmarket #stockmarketindia #stock