UPDATE 2-China's Pangda shares plunge 20 pct on Shanghai debut


* Pangda's share drop reflects weak market sentiment, auto market * Investors have difficulty evaluating China's first car dealer IPO-analyst * Companies raise $16.9 bln in Shanghai, Shenzhen ytd vs $4.2 bln in HK (Adds analyst quote and details) By Fang Yan and Ai Peng Soo SHANGHAI, April 28 (Reuters) - Shares of Pangda Automobile Trade Co Ltd fell 20 percent on their trading debut in Shanghai on Thursday after the Chinese car dealer raised close to $1 billion in the country's ...

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