BRIEF: Mao Geping surges in Hong Kong trading debut
Shares of cosmetics seller Mao Geping Cosmetics Co. Ltd. (1318.HK) surged in their Hong Kong trading debut on Tuesday, opening nearly 60% above their IPO price of HK$29.80. The stock…
Mao Geping’s Hong Kong IPO gets lift from regulatory nod
The planned listing by China’s second-ranking domestic cosmetics brand has been approved by the Mainland Chinese securities regulator Key Takeaways: Mao Geping’s Hong Kong IPO has been cleared by the…
Meitu looks for new growth story as China’s economy slows
The beauty app operator expects to report its adjusted profit rose 80% or more in the first half of the year, representing a sharp slowdown from the growth rate in…
Yatsen gets black eye from shopping fest blues
The operator of Perfect Diary cosmetics stores lowered its second-quarter revenue guidance by 10%, putting the figure back in contraction territory Key Takeaways: Yatsen lowered its revenue guidance by 10%…
Mao Geping dolls up for Hong Kong IPO
The high-end cosmetics brand banks heavily on the name of its famous founder, which may be one of its biggest risks Key Takeaways: Mao Geping Cosmetics has filed for a…
FAST NEWS: Goodwill impairment drags down Yatsen’s quarterly profit
The Latest: Yatsen Holding Ltd. (YSG.US) on Wednesday reported its revenue grew 6.7% year-on-year to 1.07 billion yuan ($149 million) in the fourth quarter. But its quarterly loss also expanded…
Chicmax finds timeless profit formula in anti-aging skincare
Calculations using new company data show its revenue rose 77% in the second half of last year, while its profit quadrupled Key Takeaways: Chicmax said it expects to report its…