It’s a sweet treat that everyone loves, and the demand shows! What started as a classic school/office indulgence has grown into a passion that has created at least a half-dozen billionaires in China in the past few years. And that doesn’t seem to be slowing down amid news of Mixue’s Hong Kong IPO that is set to raise about $500 million, after Guming’s recent successful IPO that was priced at the top of the price range.

Join Dan Koh and Ryan Huang as they find out what’s brewing in the bubble tea landscape, how much of an investment case there is for everyone’s favourite indulgence and if it pays to satisfy your sweet tooth.