Bubble Mart: 50 million subscription for Suzhou black ant No. 3 fund
Bubble Mart announced that Beijing bubble Mart (an indirect wholly-owned subsidiary of the company) as one of the limited partners and other limited partners, and signed a partnership agreement with Gongqing City Yiyuan as the general partner to participate in the investment fund. Accordingly, the subscribed capital contribution of Beijing bubble mart is RMB 50 million, accounting for about 6.25% of the total subscribed capital contribution of the fund. The announcement pointed out that the name of the fund is Suzhou black ant No. 3 equity investment partnership (limited partnership), which holds 0.2692% shares of Xicha.
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· Consumer Staples
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Small Blind Boxes, Big Business
‘Life is like a box of chocolates that you will never know what you’re gonna get.’ Until recently, China’s burgeoning blind box industry was a fitting metaphor for this famous line from ‘Forest Gump.’ But the party looks poised to end with the authorities stepping in to discourage and even curb the consumption of blind box
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· Consumer Staples
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· Consumer Staples
It is reported that Xicha hired UBS to arrange a US $500 million Hong Kong IPO, which will be listed in Hong Kong as soon as next year
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· Consumer Staples
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· Consumer Staples
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