Chinese bubble-tea maker Chabaidao, listed as Sichuan Baichar Baitao, plunged more than 38 per cent at one point in Hong Kong. The stock closed nearly 27 per cent lower at 12.80 Hong Kong dollars apiece.
China’s third-largest maker of fresh tea drinks raised about 330 million dollars in Hong Kong 's biggest new share sale since November. The poor debut underscores the challenges the financial hub is facing in reviving investor confidence. IPO proceeds in Hong Kong slumped to their lowest in two decades last year.
China’s third-largest maker of fresh tea drinks raised about 330 million dollars in Hong Kong's biggest new share sale since November. The poor debut underscores the challenges the financial hub is facing in reviving investor confidence. IPO proceeds in Hong Kong slumped to their lowest in two decades last year.We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.
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