boshiwa

The company, which also operates a number of supermarkets, raised $477 million and priced its shares at a P/E of 23 times, making it the second most expensive new stock in Hong Kong year-to-date.

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.