Today, Auntie from Shanghai listed for trading. The ranks of millionaires in the milk tea industry are further expanding.

Auntie Shanghai will be listed for trading in Hong Kong on Thursday at a price of HK$113.12, which is at the upper end of the guidance range, raising HK$273 million. According to the Bloomberg Billionaires Index, the valuation implies a combined net worth of $1.1 billion for the founding couple, Shou Jin and Zhou Rongrong. This wealth is entirely based on their ownership of Auntie Shanghai shares.