Bubble Tea Maker Chabaidao Slumps in HK's Biggest Debut of 2

(Bloomberg) -- Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao, plunged more than 37% in its trading debut in Hong Kong, with analysts citing growing competition and still weak consumer sentiment as reasons for its disappointing start.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayRay Dalio’s Famous Trade Is Sputtering, Investors BailingStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dub

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