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CHAGEE Holdings , a premium tea drinks brand specializing in tea and dairy beverages, celebrated its public listing on Nasdaq on April 17, 2025, trading under the ticker symbol 'CHA'.
Founded in 2017 by Junjie Zhang, who serves as Chairman and CEO, CHAGEE has expanded to over 6,400 stores worldwide. The company is preparing to enter the North American market with its first teahouse opening in Los Angeles, California.
The company's mission focuses on 'Creating Connections Every Day with Tea' while supporting healthy lifestyle choices and driving industry innovation in the premium tea beverage sector.
Chagee Holdings , a premium tea drinks brand, has announced the pricing of its Initial Public Offering (IPO) on the Nasdaq Global Select Market. The company is offering 14,683,991 American Depositary Shares (ADSs) at $28.00 per ADS, with expected gross proceeds of approximately $411.2 million.
Trading will commence on April 17, 2025, under the symbol 'CHA', with the offering expected to close on April 21, 2025. The underwriters have a 30-day option to purchase up to 2,202,598 additional ADSs. The IPO is led by Citigroup, Morgan Stanley, and Deutsche Bank as representatives, with additional underwriters including CICC, Tiger Brokers, Moomoo Financial, and Valuable Capital.
On February 25, 2022, China Telecom announced its intention to file a Form 15F with the SEC, aiming to deregister its American Depositary Shares (ADSs) and terminate reporting obligations under the U.S. Exchange Act. This decision follows the NYSE's delisting of the ADSs effective May 18, 2021, and the termination of its ADS Program that took effect on December 8, 2021. The deregistration is expected to be effective 90 days post-filing unless withdrawn or objected to by the SEC. The company will retain compliance with financial reporting under Hong Kong and Shanghai stock exchange regulations.
China Telecom Americas Corporation (CTA) has launched WeCare, a comprehensive IT-managed service, in Q2 2021. This cost-efficient solution encompasses Onsite/Remote Support, End Users PC/Laptop Support, and Inventory Management. WeCare features three key components: Out-of-Band Management, Remote Monitoring & Troubleshooting, and Cloud Managed Services. These services are designed to lower IT management costs, enhance technical support, and improve overall IT management experiences for customers.
China Telecom Corporation Limited (HKEx: 728, NYSE: CHA) has filed its Annual Report on Form 20-F for the year ended December 31, 2020, with the U.S. SEC. The full report is accessible on the Company's website and the SEC's site. Shareholders can request a hard copy of the audited financial statements at no cost. This filing is part of the Company's compliance with regulatory requirements and seeks to provide transparency to its investors.
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