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.
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…
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