News Snapshot:
Nayuki's Supreme Cherry Tea, which pairs cherries with cheese-topped tea. Photo courtesy of Nayuki The married couple behind Chinese bubble tea chain Nayuki look set to become billionaires as the company prepares to go public in Hong Kong. Cofounders Peng Xin and Zhao Lin, the couple who set up the Shenzhen-based beverage chain in 2014, will each have a fortune of at least $1.1 billion based on their stakes in Nayuki. A spokesperson says the firm has no comment on the cofoundersâ wealth. The company is seeking to raise up to $656 million by selling 257.3 million shares at a...
