BRIEF: Heavily oversubscribed Lemo soars on Hong Kong trading debut
Shares of massage chair operator Lemo Services Co. Ltd. (2359.HK) opened up 62% in their Hong Kong trading debut on Monday, and held on to most of the gains to close up…
IPO applicant Lemo faces cash squeeze and credibility questions
The operator of massage chairs in public spaces is making a renewed pitch to investors amid a lingering controversy about its business data Key Takeaways: The firm deploys massage chairs…
Lemo massages its way to Hong Kong listing
The company’s Lemobar-brand intelligent chairs have taken nearly 40% of China’s growing market for automated massages Key Takeaways: Lemo has applied to list in Hong Kong, luring investors with its…
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