Sa Sa tries on new e-commerce face in China as its Hong Kong core shrinks
The cosmetics retailer said revenue from its core Hong Kong and Macao markets fell by 11% to 12% in its fiscal year through March, causing profits to plunge by up…
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 finds beauty in growing profits
The newly profitable beauty services provider earned an adjusted profit of between 140 million yuan and 155 million yuan in the first half of the year Key Takeaways: Meitu expects…
Yatsen sees more color, profits ahead with end of China Covid controls
The makeup company’s color cosmetics business took a big hit in last year’s fourth quarter as consumer sentiment sagged during some of China’s strictest Covid controls Key Takeaways: Yatsen’s color…
Meitu’s Latest Earnings Report: Debutante, or Fading Beauty?
Beauty app operator edges closer to profitability as user numbers fall in shift to quality-over-quantity approach Key takeaways: Meitu is focusing its resources on people who spend money on its…
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