Hong Kong Stock Exchange float for Tsui Wah Cafes chain
A group of tea cafes, with branches in Hong Kong, Macau and across mainland China has decided to fund further expansion by floating shares.
Tsui Wah Cafe aims to raise $100m (£63m) by selling shares on the Hong Kong Stock Exchange.
Adverse market conditions have forced other companies to delay their plans for a stock market float, but as the BBC's Juliana Liu reports this chain of cafes is determined to press ahead.
19 Nov 2012
- From the section Business