Busy Ming Group
Busy Ming Group is a snack and beverage retailer operating a large store network and selling through its franchise network.
Busy Ming Group (Ticker: 1768 HK) specializes in retailing snacks and beverages through a large store network and franchise sales. The company operates more than 19,500 stores across China under the Busy for You and Super Ming brands. Sales to its franchise network account for a majority of revenue. Reported cornerstone investors include Fidelity, Tencent Holdings and Temasek.
The scheduled listing date on Hong Kong Stock Exchange was January 28, 2026. The proposed offering comprises 14,100,000 shares at an indicative price range of HKD 229.60–236.60 per share. At the indicative range midpoint, the base offering would represent HKD 3.29 billion, approximately $418.80 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is $6.40 billion.
Goldman Sachs (Asia) and Huatai Financial Holdings are joint sponsors; Deutsche Bank is among the underwriters.
Prepared with IPOX® AI assistance. Information may contain errors.
