Web Stories Tuesday, April 23
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Shares of Chinese bubble tea chain Chabaidao tumbled almost 40% on its trading debut on the Hong Kong stock exchange.The stock, officially listed as Sichuan Baicha Baidao Industrial, fell as low as 10.84 Hong Kong dollars in the late morning — about 38% below its IPO price of HK$17.50.The bubble tea firm’s IPO was the largest listing in Hong Kong in 2024 so far, with the company garnering net proceeds of HK$2.59 billion from its IPO,…

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Three big news stories at the beginning of the week, and Joe Biden is on the wrong side of each one. Not on the wrong side by a little, but he’s on the wrong side by a lot. First, the prosecution’s opening statements in the Trump New York jury trial…

Lifestyle

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