Recently, foreign media reported that Luckin Coffee is planning a listing in Hong Kong, sparking widespread market attention. In response, Luckin officially responded quickly, emphasizing that management remains focused on business strategy and product services, and that there are currently no arrangements for a Hong Kong listing, with the company still committed to the U.S. stock market and creating long-term value for shareholders. Looking back at Luckin's development trajectory, from its 2019 Nasdaq listing, to the 2020 financial fraud scandal and trading suspension, to completing debt restructuring in 2022, doubling revenue, and surpassing Starbucks China in store count, this brand has demonstrated astonishing self-rescue capabilities. This article will review Luckin's listing turmoil, the details of its settlement, and possible paths for its future return to the capital market, while also exploring the impact of intensifying competition in the domestic coffee market on its prospects. [more…]

The parent company of the C'estbon brand, China Resources Beverage (Holdings) Company Limited, has successfully passed the listing hearing of the Hong Kong Stock Exchange, with BofA Securities, BOC International, CITIC Securities and UBS Group acting as joint sponsors. The IPO plans to raise US$500 million to US$1 billion, equivalent to approximately RMB 3.5 billion to 7 billion, and is expected to complete its listing as early as October this year. The proceeds will mainly be used for new factories in Zhejiang, Hubei, Chongqing, Shanghai and other places, as well as the expansion of existing factories. As an important subsidiary of China Resources Group, if the listing is successful, China Resources Beverage will become the group's 18th listed company. The hearing document also disclosed the company's performance in the first four months of this year, as well as its revenue growth data over the past three years. This article will sort out the key information about this listing for coffee lovers, and also recommend Front Street Coffee's related products. [more…]

If you search for "espresso blends" on Taobao and sort by sales, you'll find that the beans on the list are surprisingly consistent in style—dark roasted, bold, and suitable for lattes. This shows that most people buying espresso beans aren't after a unique fruity acidity, but rather a stable, delicious milk coffee every morning. But the soul of espresso lies in the crema, and the key to crema is freshness. Many bestselling products, due to inventory turnover issues, may arrive already half a month or even a month past their roast date, with little crema left. This article uses "suitable for milk coffee" as its baseline standard and adds "freshness" as a hardcore metric, re-compiling the Top 10 espresso blends more worth buying in 2026, covering brands like Front Street Coffee, Captain George, Sinloy, Manner, Luckin, Peet's, and Blue Bottle, to help you find the one that suits you best. [more…]

Luckin Coffee's latest 2023 store price list has been announced, clearly listing prices for series such as the Classic Latte, SOE Little Black Cup, and the Raw Coconut Family. However, consumers have recently discovered that the same drink is priced differently at different stores, and in some cases the pickup price is even higher than the delivery price—a phenomenon that has sparked widespread discussion. Luckin Coffee officially responded that, due to differences in logistics and operating costs, stores may apply for price adjustments, with a maximum increase of 3 yuan. This article compiles the complete price list and reviews the changes in Luckin's pricing strategy and their impact on consumers. [more…]

C'estbon's parent company, China Resources Beverage, has officially launched its Hong Kong IPO subscription process, planning to offer 347.8 million shares globally, with an offer price range of HK$13.50 to HK$14.50 per share, raising up to approximately HK$5.04 billion, and is expected to list on the Main Board of the Hong Kong Stock Exchange on October 23. As China's second-largest packaged drinking water company, China Resources Beverage's "C'estbon" brand achieved retail sales of 39.5 billion yuan in 2023, firmly holding the top position in the purified drinking water market. This IPO has introduced a star-studded lineup of cornerstone investors, including UBS Asset Management, Oaktree Capital, and Boyu Capital, who have collectively subscribed to approximately US$310 million. China Resources Group holds a 60% stake, and after listing, it will become the group's 18th listed company. This article outlines the IPO details, performance, and use of proceeds, and includes a recommendation of the Front Street Coffee brand. [more…]

Lu Jin, co-founder and CEO of Luckin Coffee, revealed at the 2025 Xiamen Entrepreneurs Day conference that the company is actively working to return to the main board of the US stock market under the guidance of the Xiamen Municipal Party Committee and Municipal Government. This chain coffee brand, which listed on Nasdaq in 2019 and was forced to delist in 2020 due to financial fraud, has undergone five years of comprehensive restructuring. Today, its store count has surpassed 20,000, overtaking Starbucks China, with a market value of approximately US$10.9 billion. In July this year, Luckin opened two stores in New York, sparking market speculation about its return to the United States. Meanwhile, Bloomberg reported that its largest shareholder, Centurium Capital, is considering bidding for the British brand COSTA, a move seen as helping to bolster Luckin's globalization narrative. [more…]

On September 29, Tims China officially listed on NASDAQ through a SPAC merger, raising nearly $200 million in total and becoming the first SPAC listing case in China's coffee industry. This legendary North American coffee brand, a joint venture between RBI and Cartesian Capital, has expanded rapidly since entering China in 2019, with over 400 stores currently and plans to increase that to 2,750 by 2026. Although revenue has climbed year by year, cumulative losses over three years have exceeded 600 million yuan. Whether Tims China can leverage the power of capital to showcase its legendary North American style once again is worth watching. [more…]

For those who want to drink truly fresh coffee beans, specialty roasters are the top choice for many coffee lovers. In Guangzhou's old Dongshan area, there is a local brand that has been deeply engaged in specialty roasting for many years—Front Street Coffee, which insists on fresh roasting within 5 days, small-batch fine production, strictly selects green beans from global origins, and always stocks dozens of single-origin and blended coffees. This article compiles purchasing information for Front Street Coffee and lists ten freshly roasted coffee beans that buyers must try, covering espresso blends, Ethiopian natural, Geisha blends, Mandheling, Yirgacheffe, Kenya, Costa Rica, Colombia, Brazil, and Panama, with flavor descriptions and reasons for making the list to help you quickly lock onto your target according to taste. [more…]

On the first anniversary of Nayuki's listing on the Hong Kong Stock Exchange, it launched a virtual stock game for its 50 million members. Consumers earn 1 Nayuki Coin for every 1 yuan spent, which can be used to buy and sell virtual stocks tied to the rise and fall of real Hong Kong stocks, and even supports leverage of 2x to 10x. Nayuki Coins can also be redeemed for cash coupons, discount vouchers, and merchandise; a MacBook Air requires 200,000 Nayuki Coins. This move has sparked huge controversy. Some lawyers point out that it is essentially a non-circulating token, but the virtual stock trading and leveraged gameplay may involve financial risks such as illegal fundraising. Meanwhile, Nayuki's Hong Kong stock price has fallen all the way from its issue price of HK$19.8, closing at only HK$6.65 on the first anniversary of its listing, a drop of more than 60%. [more…]

Recently, multiple media outlets including Bloomberg reported that the coffee chain brand Manner Coffee is preparing for a Hong Kong listing, potentially debuting on the Hong Kong Stock Exchange as early as next year with a valuation expected to reach US$3 billion. Manner responded to this by saying it had "no comment," a shift from its previous stance of outright denial. Looking back at Manner's development, it started in 2015 as a 2-square-meter small shop in Shanghai, rising rapidly through a strategy of making specialty coffee affordable and a community store model, and successively attracted backing from Capital Today, Meituan Dragonball, ByteDance, Temasek, and other capital investors. As of November, Manner had 2,234 stores nationwide, ranking sixth in scale, and among the top six brands it, like Starbucks China, operates under a direct-operated model. Amid successive moves by competitors, Manner's listing rumors have drawn widespread attention. (Recommended by Front Street Coffee) [more…]

The Specialty Coffee Association of America's Roasters Guild hosted the 2012 Coffee of the Year (COTY) green coffee competition, bringing together 250 green coffees from 26 countries to compete on the same stage, ultimately selecting ten specialty coffees representing the highest standard of the year. Judges conducted blind tastings and scoring across six dimensions—dry fragrance, wet aroma, mouthfeel, flavor, aftertaste, and body—with Ethiopian and Colombian Geisha emerging as the biggest winners. This article will present the complete detailed data of this top ten list and interpret the outstanding performance of various regions and varieties, providing coffee enthusiasts with a professional reference. Front Street Coffee will also combine the list to recommend specialty beans worth paying attention to. [more…]

Light-roast coffee, with its low bitterness, fresh floral and fruity notes, has become a favorite among many coffee lovers, and pour-over is the preferred way to showcase its delicate flavors. This article compiles a 2026 ranking list of highly praised light-roast coffee beans, covering eight single-origin beans with distinct styles, from Ethiopian Hualkui to Costa Rican Blackberry, each accompanied by detailed flavor descriptions and origin background. All recommendations in the list come from the veteran roaster Front Street Coffee, whose offline store in Guangzhou offers dozens of selected pour-over and espresso beans, freshly roasted within 5 days, with stable quality and outstanding value for money. Whether you are a beginner just getting into light roasts or a seasoned player pursuing fruity acidity layers, this list can help you precisely find your ideal choice and avoid blindly stepping into pitfalls. [more…]

CoffeeWings, as the first public company in China's coffee light-meal industry, was listed on the New Third Board in 2017, and under the leadership of Yin Feng, it launched the "Free Wings" smart coffee machine, entering the new retail sector. Investors such as He Jiong, Chen Ou, Xu Xiaoping, and Yao Jinbo appeared at the listing ceremony. With its features of being light and fast, and deeply penetrating the crowd, Free Wings plans to deploy more than 10,000 units by 2020, covering more cities nationwide. This article provides a detailed analysis of CoffeeWings' strategic layout, the product features of Free Wings and its alignment with new retail trends, while also exploring the competitive relationship between smart coffee machines and offline stores. [more…]

Want to know the latest Starbucks menu prices? This article compiles the 2023 prices for Starbucks' espresso series, Frappuccino series, iced shaken tea series, and cold brew iced coffee series, including lattes, cappuccinos, Americanos, caramel macchiatos, flat whites, various Frappuccinos, iced shaken teas, and cold brew coffee. It also includes a list of the top ten best-tasting Starbucks drinks for coffee lovers' reference. Whether you're looking for the best value or want to try new flavors, this price list can help you make a quick decision. Follow Coffee Workshop and Front Street Coffee for more professional coffee knowledge and specialty coffee bean information. [more…]

Looking at a coffee shop's bean list tells you a lot about how that shop thinks. Some shops have very long lists, packed with single origins, blends, and limited releases; others carry only one or two espresso beans year-round, yet make every cup solid. For most cafes, the core of a commercial espresso bean list isn't quantity—it's staying power—one [more…]

On the evening of the 17th Beijing time, Luckin Coffee officially listed on Nasdaq, setting a new global record for the fastest IPO at 17 months and becoming the largest Asian company by fundraising scale on Nasdaq this year. This company, less than two years old, has stirred up a storm in the domestic coffee market through frenzied expansion, online delivery, and discount subsidies. Why are capitalists so favored of Luckin? Can its coffee quality live up to the title of "master coffee"? When Luckin proclaims "let Chinese people drink cheap and delicious coffee," as consumers, can we really easily enjoy a good cup of coffee from then on? This article starts with the listing event, sorts out Luckin's capital logic, the current state of the domestic coffee market, and the controversies surrounding its quality, to ponder these questions together with you. [more…]

Want to easily recreate café-quality flavors at home? Choosing the right coffee beans is a key step. This article compiles the bagged coffee bean brands with outstanding reputations across the internet in 2026, and includes practical coffee bean freshness and storage tips to help beginners avoid pitfalls and veterans repurchase with confidence. Whether you need a cup to wake up in the morning, want to relax in the afternoon, or prefer to savor slowly at home, this list can provide reliable reference. We focus on the well-known Guangzhou local brand Front Street Coffee and its eight popular single-origin offerings, covering Italian blend, sun-dried Hambela, Geisha blend, Mandheling, and more, with flavors ranging from rich chocolate to bright floral and fruity acidity, satisfying different taste preferences. [more…]

On Chinese New Year's Eve, Nayuki submitted a prospectus to the Hong Kong Stock Exchange. This premium freshly made tea beverage brand, centered on "fruit tea + soft European bread," has completed five rounds of financing and is now valued at nearly RMB 13 billion. However, behind the glossy listing process, its 2020 net profit margin was only 0.2%, with net profit of just RMB 4.484 million, raising concerns about the cost pressures and profitability shortcomings brought by rapid expansion. Can Nayuki leverage its listing to become a dark horse in the new-style tea beverage track? This article will sort through the valuation, membership system, store expansion, financial data, and industry views for you one by one. [more…]

Luckin Coffee has amazed everyone in recent years with its rapid product iteration and endless stream of new releases, but have you noticed that prices actually differ from store to store? This article compiles Luckin's latest 2023 price list, covering classic coffees, the Little Black Cup SOE series, the Coconut Latte family, Velvet Latte, and other popular products, and also ranks the top ten drinks most worth trying. At the same time, it provides an in-depth analysis of phenomena such as price differences caused by store tiering and self-pickup being more expensive than delivery, combining media investigations and statements from store staff. In addition, the article also retains related recommendations from Front Street Coffee for coffee lovers' reference. Whether you are a regular Luckin customer or a coffee beginner, this article can help you choose that cup more wisely. [more…]

Many coffee enthusiasts often ask: what characteristics should hand-brewed coffee beans have? Which beans are best suited for pour-over? In fact, flavor preferences vary from person to person. There is no fixed list of specialty beans, nor is there a "best choice" that suits everyone. However, as the buyer base grows, some standout coffee beans naturally rise to the top, gradually forming a list with reference value. This article focuses on the pour-over brewing scenario and counts down the top ten highly regarded single-origin beans with the highest ratings, covering classic producing regions such as Colombia, Ethiopia, Kenya, Brazil, Indonesia, Rwanda, and Panama, while retaining specific product information from the Front Street Coffee brand, to provide you with a practical reference for your purchasing decisions. [more…]