Baioo Family offers respite with red-hot $237m debut

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Baioo Family offers respite with red-hot $237m debut

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Hong Kong’s stuttering IPO market is set for a much needed boost, with Chinese technology company Baioo Family Interactive having started marketing its HK$1.84bn ($237m) flotation on Wednesday. Bankers think the deal gives investors a chance to escape some of the recent disappointments in the city.

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