Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024 ...Middle East

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Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024
Shares of the Chengdu-based company were headed for the worst first-day performance since 2015 for any IPO that raised at least $300 million in Hong Kong.

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