Xige Estate, one of the leading producers in Ningxia’s Helan Mountain East Foothills, plans to go public within five years as it accelerates expansion across multiple wine regions and new product categories, its founder said. Read More
IPO
VATS Liquor, China’s first A-share–listed liquor distributor, said it expects to post its first full-year loss as falling alcohol prices and inventory write-downs weigh on earnings. Read More
Henan Kingstar Brewery rose to prominence after its tea-flavoured beer went viral on livestreaming platforms, driving rapid revenue and profit growth.
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China’s largest all-day restaurant bar chain, COMMUNE, has filed for an initial public offering in Hong Kong, betting that a hybrid model can continue to deliver growth even as the country’s bar industry struggles with weakening demand and rising costs. Read More
Wu Xiangdong, known as China's "Godfather of Baijiu", will see his wealth significantly boosted by at least US$3 billion after his liquor company ZJLD became the biggest listing in Hong Kong this year. Read More
Sulsa Vineyards, India's leading winery located in Nashik region, is seeking a market valuation of up to 29.13 billion rupees (US$353.8 million) in the country's first winery IPO, bolstered by India's growing domestic wine consumption during the pandemic. Read More
Riding on the back of a strong Q1 performance particularly in wine and spirits, Hong Kong's leading beverage company Telford is planning an IPO. Read More
Hong Kong's Burgundy specialist L'Imperatrice is planning a public listing on Hong Kong Stock Exchange, banking on consumers' blistering demand for Burgundy and local consumers' expanding disposable income. Read More