Nasdaq-listed Chagee Holdings is considering going public in Hong Kong and has held initial talks with banks for a possible share sale this year, Bloomberg reported Thursday, citing people familiar with the matter.

The Chinese tea chain could seek "several hundred million dollars" in a potential IPO, the report said.

The matter is ongoing and there is no guarantee the firm will take the plunge, the report cautioned.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)