Baige Online Digital

Baige Online Digital (Ticker: 2672 HK) provides technology-enabled insurance intermediary services by distributing scenario-based insurance products underwritten by insurance companies and supporting related insurance transactions. The company earns commission fees from distributing these insurance products. Its services include insurance transactions, precision marketing and digitalization solutions, and third-party administration. The base offering consists entirely of primary shares, and a 15% greenshoe option is included.

The scheduled listing date on Hong Kong Stock Exchange was June 29, 2026. The offering comprises 33,340,000 shares at a confirmed price of HKD 15.60 per share. At the confirmed offer price, the base offering represents HKD 520.10 million, approximately $66.27 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is HKD 2.36 billion, approximately $300.72 million.

Joint managers include ABCI Capital, BOCI Asia, CMB International, and other syndicate members.