BUTONG GROUP
| Listing Date | 2025/09/23 |
| Listing Price | 71.200 |
- Subscription Rate3,317.47x
- Guarantee One Lot Size5490 lot
- One Lot Success Rate1%
| Listing Date | 2025/09/23 |
| Listing Price | 71.200 |
Butong Group is a China-based company specializing in the design and sale of nursery products. BeBeBus, the Group’s first brand introduced in 2019, has become a renowned brand in China’s nursery product market, serving mid- to high-end consumers.
--
According to Frost & Sullivan, BeBeBus ranked second among China’s nursery product brands in terms of GMV of mid- to high-end nursery products in 2024, with a market share of 4.2%
--
Starting with the Group’s core products - strollers, car seats, cribs and highchairs, BeBeBus’s nursery product portfolio has grown to meet the needs of essential parenting scenarios, from traveling and sleeping to feeding and caring.
--
As of June 30, 2025, the Group have approximately 3.5 million members across all online channels and its SKU portfolio amounted to 459. The Group’s customers consist of consumers and business customers.
| Market | Hong Kong (Main Board) |
| Business Nature | Household & Personal Products |
| Major Business Area | China |
| Board Lot | 100 |
| No. of Offer Shares | 10.98M shares |
| No. of International Offer Shares | 9.88M shares |
| No. of HK Offer Shares | 1.10M shares |
| Offer Price | $62.01 - $71.20 |
| Stock Code | 6090 |
| Sponsor(s) | CITIC Securities (Hong Kong) Limited, Haitong International Capital Limited |
| Underwriter(s) | CLSA Limited, Haitong International Securities Company Limited, Futu Securities International (Hong Kong) Limited, SPDB International Capital Limited, Huatai Financial Holdings (Hong Kong) Limited, Livermore Holdings Limited, Patrons Securities Limited |
| Application Period | Sep 15 (Mon) - noon, Sep 18 (Thu) |
| Price Determination Date | Sep 18 (Thu) |
| Result Announcement Date | On or before Sep 22 (Mon) |
| Result Announcement Date | On or before Sep 22 (Mon) |
| Result Announcement Date | On or before Sep 23 (Tue) |
| Dealings in Shares commence on | Sep 23, 2025. (Tue) |
| Offer Price | $62.01 - $71.20 |
| Capitalization | 5.63B - 6.46B |
| NAV / share ($) | $11.9 - $13.03 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 66.6, the net proceeds raised would be HKD 661.70M, of which |
| 25.7% : Enhance production capabilities |
| 16.6% : Expanding presence in overseas markets |
| 34.1% : Branding activities and the expansion of sales network |
| 13.6% : Research and development of new products |
| 10% : Working capital |
| 23/09/2025 16:08 |
| {New Stock}BUTONG GROUP(06090) ends up 43.96% at HK$102.5 |
| 23/09/2025 09:20 |
| {New Stock}BUTONG GROUP(06090) opens up 41.01% at HK$100.4 |
| 22/09/2025 18:35 |
| {New Stock}BUTONG GROUP(06090) ends up 41.43% on grey market |
| 22/09/2025 16:20 |
| {New Stock}BUTONG GROUP up 37.64% at HK$98 on grey market |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |