China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda to Raise $330 Million in Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC
20th April 2024 | Hong Kong
China bubble tea chain ChaBaiDao (ChaPanda) is targeting to raise $330 million in Hong Kong IPO, having received Hong Kong IPO approval at the end of March 2024. ChaBaiDao was founded in 2008 and current valuation is around $2.4 billion in the last funding round. Founder Wang Xiaokun & his wife owns 18.02% & 5.74% respectively. Investors include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC (China International Capital Co).
“ China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda to Raise $330 Million in Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC “
China Bubble Tea Chain ChaBaiDao Also Known As ChaPanda Receives Approval for Hong Kong IPO, Founded in 2008 & Current Valuation at $2.4 Billion in Last Funding Round, Founder Wang Xiaokun & Wife Owns 18.02% & 5.74% Respectively, Investors Include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC
![](https://www.caproasia.com/asia/wp-content/uploads/2024/03/ChaBaiDao-ChaPanda-.jpg)
30th March 2024 – China bubble tea chain ChaBaiDao (ChaPanda) has received approval for Hong Kong IPO. ChaBaiDao was founded in 2008 and current valuation is around $2.4 billion in the last funding round. Founder Wang Xiaokun & his wife owns 18.02% & 5.74% respectively. Investors include Orchid Asia, Loyal Valley Capital, New Hope Group & CICC (China International Capital Co).
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit