Sichuan Baicha Baidao Industrial (HKG:2555) said the Stock Exchange of Hong Kong has suspended trading in its H shares after the region's securities regulator raised concerns that the company might have overstated investor demand for its shares during its initial public offering, according to a bourse filing on Wednesday.
The Chinese tea shop retailer, which runs the ChaPanda brand, said business would continue normally but did not provide a timeline for resuming trading in its shares.
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