# @cnbci on TikTok

- **Type:** Video
- **Original URL:** https://www.tiktok.com/@cnbci/video/7505012554993814806
- **Gondola URL:** https://gondola.cc/posts/33010393-cnbci-tiktok
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/f505fd8024.jpg
- **Posted:** 2025-05-16T12:01:48.000+00:00
- **Account Owner:** CNBC International (@cnbci) — https://gondola.cc/cnbci

## Caption

Chinese bubble tea chain Auntea Jenny surged nearly 70% in its Hong Kong debut, raising over $35 million and minting new billionaires. It’s the latest in a wave of IPOs from tea giants like Mixue, now the world’s largest chain with more stores than Starbucks. ➡️ But investor hype is cooling. Nayuki is down 90% since its 2021 listing, and even strong debuts like Mixue’s face slim margins and heavy discounting. ➡️ With China’s tea market brewing toward $28 billion, the real test isn't how fast these brands scale—it's who stays profitable once the sugar rush fades. CNBC's Emily Tan reports.

## Stats

- **Views:** 11,200
- **Likes:** 184
- **Shares:** 70
- **Comments:** 3

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| CNBC International | @cnbci | https://gondola.cc/cnbci | Social Media Intern |

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