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Breakingviews: China’s ‘bulletproof’ coffee IPO is full of holes

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Star Plus Legend, which is planning a Hong Kong IPO, banks on the founder’s pop-star son, Jay Chou, hawking butter-infused coffee. But Beijing’s crackdown on celebrity influence threatens $57 million of revenue, Breakingviews columnist Robyn Mak says.

#StarPlusLegend #JayChou #HongKong #IPO #News #Reuters

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