Babytree is a website and platform where parents can share valuable experience on parenting. Photo: EPA

Alibaba-backed Babytree chops Hong Kong IPO by 70 per cent amid glut of new offerings and depressed stock market

  • Babytree said it plans to raise as much as US$282 million from the offering, down from its initial target of US$1 billion
  • The shares will be priced in a range between HK$6.8 and HK$8.8, with the offering starting on Thursday
Topic |   IPO

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Babytree is a website and platform where parents can share valuable experience on parenting. Photo: EPA
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