Dr Frog IPO receives strong demand on day one

The retailer of children's clothes – Boshiwa in Chinese – is supported by the participation of three well-known cornerstone investors as it aims to raise up to $320 million from a Hong Kong listing.

Yet another cash-thirsty consumer company has joined the line-up of listing hopefuls in Hong Kong, making the most of the increasingly hot theme of Chinese private consumption. Boshiwa International, one of the largest retailers of children’s products in China, started bookbuilding yesterday for an initial public offering of up to HK$2.49 billion ($320 million).

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media