Starbucks to sell majority stake in China business
Starbucks is selling a majority stake in its China business to Boyu Capital in a deal valuing the market at around $4 billion
November 04, 2025
A 2.42 billion share IPO for China Container Shipping was priced at the bottom end of its indicative range yesterday (Thursday) after struggling to get out of reverse gear for the whole of its marketing period. A total of HK$7.68 billion ($985 million) was raised after the deal was priced at HK$3.175, the bottom end of a HK$3.175 to HK$4.175 range.
