HONG KONG, China — Shares in Chinese bubble-tea chain Baicha Baidao plunged nearly 40 percent on its first trading day in Hong Kong on Tuesday, in a fresh blow to the finance hub’s efforts to revive its markets. The Chengdu-based company, which is also known as Chabaidao, raised about HK$2.59 billion (US$330 million) during its
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