Softcare Ltd (Ticker: 2698 HK) is a hygiene product company headquartered in Hong Kong, focusing on baby diapers, pants, sanitary pads, and wet wipes for emerging markets like Africa, Latin America, and Central Asia. It leads the African market with 20.3% share in baby diaper sales volume and 15.6% in sanitary pads (Frost & Sullivan, 2024), operating eight plants and a network across over 30 countries.

Softcare plans to list on the Hong Kong Stock Exchange on November 10, 2025, offering 90.88 million primary shares at HKD 24.20-26.20, raising HKD 2.38 billion (USD 306.38 million). A 15% greenshoe adds up to 13.63 million shares. The HK offer is 9.09 million shares (10%), with pricing on November 6.

Managers are CLSA Ltd, China International Capital Corp HK Securities, and GF Securities Hong Kong Brokerage Ltd as sponsors and underwriters.