Shares of Chinese tea shop chain ChaPanda sink in Hong Kong debut

Shares of Chinese tea shop chain ChaPanda sink in Hong Kong debut

FILE PHOTO: The name of Hong Kong Exchanges and Clearing Limited is displayed at the entrance in Hong Kong, China January 24, 2018. REUTERS/Bobby Yip/File Photo

Shares in Chinese tea shop chain Sichuan Baicha Baidao Industrial fell as much as 38.3% on Tuesday in its Hong Kong trading debut following a $330 million initial public offering (IPO).