New stock first day | Pigeon Online (02672.HK) listed for the first time with a morning trading price up 291.67%, ranking fifth in China's internet insurance intermediary industry.

According to the Securities Times APP, Baige Online (02672.HK) has successfully launched its IPO. The announcement indicates that the issue price is 15.6 Hong Kong dollars per share, with a total of 33.3444 million shares issued and 200 shares per lot. The net proceeds are approximately 466 million Hong Kong dollars. As of the time of writing, the stock has risen by 291.67% to 61.1 Hong Kong dollars, with a trading volume of 224 million Hong Kong dollars.