The flowers and tea and tea tea did not find out of many but Chinese sales have been out of McDonald and Starbucks.
Monday, Bubble Chain companies on 40% on the first day of trade in Hong KONG Depending on Hong Kong’s transaction.
Company of $ 444 million (352m) at the highest HUB’s first Hub (IPO) of the year (IPO).
The population of confusion includes many people in China with the country’s economic problems – including a property crisis, and weakening weakness and weak business. That disbelief and snow drinks allow for six Chinese yuan ($ 0.82; £ 0.65).
The company was founded in 1997 by Zhang Hongchao, a student at financial and economic university, as a part-economic job to help their family funds.
Her perfect name means Móxuě Bīngchéng “Honey Snow Ice Ice” There is no official topic of the firm on loop.
According to the complication, it has more than 45,000 stores across China and 11 other countries, including Singapore and Thailand. The company also said he plans to continue expanding.
That compiles with “more than 43,000 locations” to exit McDonald and Starbucks ’40, 576.
When it typically seen as China’s Bubble Time, Ice Classes, and snowball, it works more than a traditional shopkeeper.
Unlike Starbucks, which works more than half of their shops, almost all complex gates are driven by Franchisees.
The strongest market of complexity with smaller customs, which saw that in his first commercial fever.
Last year, in the owner of the Bubble Chabeaidao Chamber also entered their market market.
