Chinese tea chain Chagee raises $411 million in US IPO

ReutersApr 17, 2025 10:05 AM

April 17 (Reuters) - Chinese tea firm Chagee said on Thursday it had raised $411 million in its initial public offering in the United States.

The Shanghai-based firm sold about 14.7 million American depository shares at the top of the marketed range of $26 to $28 apiece, confirming an earlier report from Reuters.

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