HeyTea Denies Reports of Plan to List on Hong Kong Stock Exchange Next Year
On August 4, Chinese domestic media reported that HeyTea may go public in Hong Kong next year, with a target valuation of HK $150 billion ($19.29 billion). However, HeyTea responded that they have no listing plan at present.
According to business data firm Tianyancha, after this year’s D round of financing, HeyTea’s valuation has reached 6…
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