It's true. There will probably be a Starbucks in every Hong Kong building soon. So far the coffee chain has 76 outlets, including five at the airport and more than one in many malls. This afternoon, the overkill continues with one opening of the first in a public hospital, the Queen Mary.
Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX.