Core Viewpoint - Saint Bella Inc. successfully listed on the Hong Kong Stock Exchange, raising approximately HKD 722 million through its IPO, with a strong demand reflected in the subscription rates of 193 times for the public offering and 15.59 times for the international offering [3][4]. Group 1: IPO Details - The IPO involved a global offering of 109.733 million shares, representing 18% of the total shares post-issue, priced at HKD 6.58 per share [3]. - The net proceeds from the IPO are approximately HKD 630 million [3]. - Seven cornerstone investors participated in the IPO, collectively subscribing to about USD 41.46 million (approximately HKD 325 million) of the shares [4]. Group 2: Shareholder Structure - After the IPO, the major shareholder, Xiang Hua, holds approximately 34.85% of the shares through Primecare BVI and Xiang SPV [5][6]. - Other notable investors include Tencent, Gaorong Capital, and China Life, among others, with Tencent holding 9.52% of the shares [5][6]. Group 3: Business Overview - Founded in November 2017, Saint Bella is a leading postpartum care and recovery group in China, offering services across 27 cities in mainland China, Hong Kong, Singapore, and the Greater Los Angeles area [6]. - The company operates three main business lines: postpartum care centers, home care services, and related food products [6]. - According to Frost & Sullivan, Saint Bella is the largest postpartum care group in Asia and China by revenue as of 2024, and it is also the fastest-growing scaled postpartum care group in China from 2022 to 2024 [6]. Group 4: Market Performance - Following the IPO, Saint Bella's stock price rose to HKD 9.00, marking a 36.78% increase, with a total market capitalization of approximately HKD 5.359 billion [7]. - The stock experienced a trading volume of 61.0437 million shares on its first day [8].
圣贝拉，成功在香港上市