TCL shipments up 15% in 2024

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…
Yatsen downgrades Q2 revenue outlook

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 eyes listing in Hong Kong, but family-business may not be the cup tea of the market

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…