Mixue Group (Ticker: 2097 HK) is a Chinese fruit and tea drinks, coffee, and ice cream chain, considered the world's largest fast-food chain by store count, with 45,000 stores in mainland China and 11 other countries, primarily through a franchise network.

Mixue Group is seeking to raise HK$3.45 billion (USD $443 million) in a Hong Kong IPO, with trading expected to start on March 3, 2025. The firm initially targeting to raise up to $1 billion, but scaled back the IPO size. Five cornerstone investors have committed to purchasing $200 million worth of stock. The firm is selling 17.06 million shares at the price of HK$202.5 each (USD $26.02). The expected Market Capitalization at offer is $9.8 billion. The offering is managed by CMB International Capital Ltd, China International Capital Corp HK Securities, GF Securities Hong Kong Brokerage Ltd, Goldman Sachs (Asia), Huatai Financial Holdings Hong Kong Ltd, and ICBC International.