港股新股八马茶业上市首日高开超60%，八马茶业此次发行价为50港元，发行900万股，募资总额为4.5 亿港元；扣非发行应付上市费用6011万港元，募资净额为3.9亿港元。 ...

北京商报讯（记者 孔文燮）10月28日，中国茶叶连锁品牌八马茶业在香港交易所主板挂牌，暗盘开盘 比发行价高60%，报 80 港元/股。截至上午10 时，上涨70%以上。八马茶业此次全球发售900万股，募 资总额4.5亿港元，扣除6011万港元上市费用后，净募资约3.9亿港元。募集资金将用于扩展销售网络、 提升供应链效率及品牌推广。 ...

Group 1 - Baima Tea, known as the "first high-end Chinese tea stock," was listed on the Hong Kong Stock Exchange today, experiencing a surge of 73% to HKD 86.5 [1] - The IPO was priced at HKD 50, which was the upper limit of the pricing range. The public offering in Hong Kong was oversubscribed by 2,680.04 times, while the international placement was oversubscribed by 13.58 times [1] - Founded in 1997 and originating from a 300-year-old tea-making family, Baima Tea is the largest high-end tea company in China and a time-honored brand [1] Group 2 - According to 2024 data, Baima Tea ranks first in sales revenue in the high-end tea market, the number of tea chain stores, and in the oolong and black tea markets nationwide [1] - The company operates over 3,700 chain stores across mainland China [1] - Baima Tea's sales revenue for Tieguanyin has ranked first in the country for over 10 consecutive years, while Wuyi rock tea and black tea have ranked first for 5 and 4 consecutive years, respectively [1]

Company Overview - Baima Tea Industry (06980) has successfully listed, pricing each share at HKD 50 and issuing 9 million shares, resulting in a net proceeds of approximately HKD 390 million [1] - As of the latest report, the stock has surged by 60.2%, trading at HKD 80.1 with a transaction volume of HKD 106 million [1] Market Position - Baima Tea is recognized as a leading tea supplier in China, covering all six major categories of tea as well as tea-related products [1] - The company ranks first in high-end tea sales revenue in China for 2024 and also leads in the number of tea chain specialty stores [1] - Baima Tea holds the top position in sales revenue for Tieguanyin tea for over 10 years, Wuyi Rock tea for 5 years, and black tea for 4 years [1] Industry Growth - The high-end tea market in China is experiencing rapid growth, with the market size increasing from approximately RMB 89 billion in 2020 to about RMB 103.1 billion in 2024, reflecting a compound annual growth rate (CAGR) of approximately 3.7% [2] - The market is projected to reach around RMB 135.3 billion by 2029, with a CAGR of about 5.6% from 2024 to 2029 [2] - Baima Tea has established a strong market position due to its advantages in brand value, tea-making skills, product development, operational scale, channel management, regional expansion, supply chain management, digital sales platforms, and talent [2]

每经AI快讯，10月28日，港股八马茶业上市首日开盘涨60.2%，报80.1港元。 ...

Company Overview - Baima Tea Industry (06980) has successfully listed, pricing each share at HKD 50 and issuing 9 million shares, resulting in a net proceeds of approximately HKD 390 million [1] - As of the report, the stock has surged by 60.2%, trading at HKD 80.1 with a transaction volume of HKD 106 million [1] Market Position - Baima Tea Industry is recognized as a leading tea supplier in China, covering all six major categories of tea as well as tea-related products [1] - The company ranks first in the high-end tea sales revenue in China for 2024 and also leads in the number of tea chain specialty stores [1] - In terms of sales revenue for specific tea types, Baima Tea has maintained the top position in Iron Goddess of Mercy tea for over 10 years, Wuyi Rock tea for 5 years, and black tea for 4 years as of 2024 [1] Industry Growth - The high-end tea market in China is experiencing rapid growth, with the market size increasing from approximately RMB 89 billion in 2020 to about RMB 103.1 billion in 2024, reflecting a compound annual growth rate (CAGR) of approximately 3.7% [2] - Projections indicate that the market will reach around RMB 135.3 billion by 2029, with a CAGR of about 5.6% from 2024 to 2029 [2] - The company has established a strong market position as the "national sales leader in high-end Chinese tea" due to its advantages in brand value, tea-making skills, product development, operational scale, channel management, regional expansion, supply chain management, digital sales platforms, and talent [2]

Group 1 - The company has announced the results of its share allocation, with a total of 9 million H-shares being globally offered [1] - The offering price per share is set at HKD 50, resulting in a net fundraising of approximately HKD 390 million [1] - The H-shares will commence trading on the Hong Kong Stock Exchange on October 28, 2025, at 9:00 AM Hong Kong time [1] Group 2 - The Hong Kong public offering received a subscription rate of 2,680.04 times, indicating strong demand [1] - The international offering was subscribed 13.58 times, reflecting significant interest from global investors [1]

Core Viewpoint - Baima Tea Industry has shown strong market interest ahead of its Hong Kong IPO, with significant oversubscription and a notable increase in share price during the dark market trading phase [1][4]. Group 1: IPO Details - Baima Tea Industry's IPO has been oversubscribed nearly 2000 times, setting a record in the Hong Kong tea industry [3][4]. - The company plans to issue 9 million H-shares at an offering price of 50 HKD per share, aiming to raise approximately 450 million HKD [4]. - The company has received backing from several prominent investors, including IDG Capital and Tian Tu Capital, among others [4][6]. Group 2: Market Position - Baima Tea Industry ranks first in China's high-end tea market with a market share of 1.7% and leads in both the Oolong and black tea segments [10]. - The company operates 3,504 offline specialty stores, making it the largest tea enterprise in China [10]. Group 3: Financial Performance - The company is projected to experience revenue growth of 16.8% and 1.0% for 2023 and 2024, respectively, with net profit growth of 24.0% and 9.0% [10]. - However, Baima Tea Industry is expected to face a decline in revenue and net profit in the first half of 2025, with estimates of -4.2% and -18.0%, respectively, due to weak external demand [10].

假设全球发售于香港时间2025年10月28日(星期二)上午八时正或之前成为无条件，预期H股将于2025年 10月28日(星期二)上午九时正开始在联交所买卖。H股将以每手买卖单位100股H股进行买卖，而H股的 股份代号将为6980。 格隆汇10月27日丨八马茶业(06980.HK)公告，公司全球发售9,000,000股H股，每股H股50.00港元，所得 款项净额3.89亿港元。香港公开发售股份数目占全球发售股份数目10%，获认购2680.04倍；国际发售股 份数目占全球发售股份90%，获认购倍13.58倍。 ...

智通财经APP讯，八马茶业(06980)公布配发结果，公司全球发售900万股H股，香港公开发售占10%， 国际发售占90%。每股发售价50港元，全球发售净筹约3.9亿港元。每手100股H股，预期H股将于2025 年10月28日(星期二)上午9时正(香港时间)开始在联交所买卖 其中，香港公开发售获2680.04倍认购，国际发售获13.58倍认购。 ...