Exclusive Post Babytree's stock rises in Hong Kong's debut after reducing its IPO size by reducing investors' appetite


Shares of China's largest parent site increased as they traded for the first time in Hong Kong after increasing the amount of capital included in its initial public offering by up to 70 percent due to stock market routes. Bafree Group, of which investors include Fosun International and this newspaper's owner, Alibaba Group Holding, started at HK $ 6.91, compared to its IPO price of HK $ 6.80. The shares climbed to HK $ 7.15 during the morning trade, before the day closed at HK $ 6.87.

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