Market NewsNew IPO: China’s Babycare Product Manufacturer BeBeBus Group Debuts on Hong Kong Stock ExchangeBeBeBus Group (06090.HK) has launched its Hong Kong IPO. The subscription period runs from September 15 to September 18 (closing at 9:30 a.m.). The company plans to issue 10.9809 million shares globally, with an offer price range of HKD 62.01 to HKD 71.20. Each board lot consists of 100 shares, with a minimum investment of HKD 7,191.80 per lot. The stock is expected to list on the Main Board on September 23 (Tuesday). Joint sponsors are CITIC Securities and Haitong International.
BeBeBus Group: China’s No. 2 Babycare Brand
Public offering ratio: ~10% (1,098,100 shares) for Hong Kong public offering; ~90% (9,882,800 shares) for international offering.
Offer price: HKD 62.01–71.20 per share; 100 shares per lot; minimum investment HKD 7,191.80.
Subscription period: September 15–18.
Listing date: September 23.
IPO sponsors: CITIC Securities and Haitong International.
Company Profile
BeBeBus specializes in designing and selling babycare products. Starting with core products such as strollers, child safety seats, cribs, and highchairs, the company has expanded into four major categories: family travel, family sleep, feeding, and hygiene care.
In 2024, within China’s mid-to-high-end babycare product market, BeBeBus ranked No. 2 among Chinese babycare brands, with a 4.2% market share, highlighting its strong market position and solid performance.
Financial Highlights
According to the prospectus, in the first half of 2025, BeBeBus recorded RMB 726 million in revenue, up 24.7% year-on-year. Its compound annual growth rate (CAGR) for revenue from 2022–2024 reached 56.9%.
Net profit in the first half of 2025 was RMB 48.51 million, a sharp increase of 72.14% year-on-year, while adjusted net profit CAGR (2022–2024) was an impressive 236.8%.
Gross profit also showed strong momentum: RMB 359 million in 1H 2025, up 22.6% year-on-year, with a 61.3% CAGR (2022–2024), underscoring the company’s robust profitability and execution ability.
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