Yatsen CEO declares turnaround with quarterly non-GAAP profit
The cosmetics seller reported a nearly 50% increase in its first-quarter revenue from skincare products as it pivots to the segment from make-up Key Takeaways: Yatsen’s first-quarter net loss narrowed…
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…
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%…
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…
KK Group hopes the fourth time is lucky with new Hong Kong IPO bid
The ‘experience retailer’ hopes to attract investors with its healthy growth in stores, revenue and recent move to profitability Key Takeaways: KK has filed for a long-planned Hong Kong IPO,…
Makeover complete? Yatsen says the worst may be behind it
The cosmetics and skincare company said it will boost its share repurchase plan, seeking to prop up its shares after it reported its revenue fell in the third quarter Key…
CHINA BULLETIN: Long live the private sector!
In this week’s issue China’s private sector gets a major new booster, and TikTok and battery makers get warnings. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
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