Chinese casual dining firm Green Tea Group lists on HKEX

Minority owner Partners Group said the IPO proceeds will be used to further grow the Hangzhou-headquartered restaurant's 493 outlets and establish a centralised food processing facility; Clifford Chance, Citi and CMB International Capital were involved in the deal.

Green Tea Group, a leading casual dining brand in China, began trading on the Hong Kong Stock Exchange (HKEX) on Friday, May 16 following the pricing of its initial public offering (IPO).

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