---
title: "New Stock Debut | BAIGE DIGITAL listed for the first time, opened high at 291.67% in early trading, ranking fifth among internet insurance intermediaries in China"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291076862.md"
description: "BAIGE DIGITAL made its debut listing, with the announcement showing a share price of HKD 15.6, issuing a total of 33.3444 million shares, with each lot consisting of 200 shares, and the net proceeds amounting to approximately HKD 466 million. As of the time of writing, the stock has risen by 291.67%, trading at HKD 61.1, with a transaction volume of HKD 224 million. Public information indicates that BAIGE DIGITAL is an insurtech company primarily engaged in providing technology-enabled insurance intermediary services for scenario partners and insurance companies. The company mainly utilizes scenario insurance as a tool to generate revenue through insurance transaction services, precision marketing, digital solutions, and third-party management services (TPA services). Under the company's insurance transaction services segment, the core business is distributing scenario insurance products to the ultimate insured. Based on total premiums in 2025, the company ranks twelfth among internet insurance intermediaries in China, fifth among scenario internet insurance intermediaries in China, and first among third-party scenario internet insurance intermediaries in China, with a market share of 3.1%. It is reported that scenario insurance typically refers to suitable, short-term, or low-premium insurance products tailored to specific needs in specific situations, providing the necessary protection for the insured"
datetime: "2026-06-29T01:29:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291076862.md)
  - [en](https://longbridge.com/en/news/291076862.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291076862.md)
---

# New Stock Debut | BAIGE DIGITAL listed for the first time, opened high at 291.67% in early trading, ranking fifth among internet insurance intermediaries in China

According to the Zhitong Finance APP, BAIGE DIGITAL (02672) has officially listed, with an announcement showing a price of HKD 15.6 per share, issuing a total of 33.3444 million shares, with a minimum purchase of 200 shares. The net proceeds are approximately HKD 466 million. As of the time of writing, the stock has risen by 291.67%, trading at HKD 61.1, with a transaction volume of HKD 224 million.

Public information shows that BAIGE DIGITAL is an insurtech company primarily engaged in providing technology-enabled insurance intermediary services for scenario partners and insurance companies. The company mainly utilizes scenario insurance as a tool to generate revenue through insurance transaction services, precise marketing, digital solutions, and third-party management services (TPA services). Under the company's insurance transaction service segment, the core business is distributing scenario insurance products to the end insured.

By total premium in 2025, the company ranks twelfth among internet insurance intermediaries in China, fifth among scenario internet insurance intermediaries in China, and first among third-party scenario internet insurance intermediaries in China, with a market share of 3.1%. It is reported that scenario insurance typically refers to suitable, short-term, or low-premium insurance products tailored to specific needs in specific situations, providing the necessary protection for the insured

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