Hong Kong’s IPO market to end 3-year slump amid China support, rising confidence
The city has recorded US$10.7 billion of proceeds from 64 IPOs this year through November; more deals in December.
China cosmetics brand Mao Geping shines in hot Hong Kong IPO
HONG KONG -- Mao Geping Cosmetics, a homegrown Chinese beauty brand, made a splashy debut on the Hong Kong stock market Tuesday, with the price almost doubling from what was set for the initial public offering. The opening price was 47.65 Hong Kong dollars per share, 59.9% higher than the IPO price of HK$29.80.
Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO
(Reuters) -Chinese beauty brand Mao Geping on Monday set the price for its shares at the top of the range, as it looks to raise $270 million in a Hong Kong initial public offering. The company is selling 70.
China makeup mogul nears billionaire status with Hong Kong IPO
Mao Geping’s skincare and cosmetics firm Mao Geping Cosmetics, which lists Tuesday, could raise up to HK$2.1 billion ($362 million) in its initial public offering.
China make-up mogul becomes billionaire on hot Hong Kong IPO
His namesake firm, Mao Geping Cosmetics, could raise up to HK$2.1 billion (S$362 million) in the listing. Read more at straitstimes.com.
Chinese Cosmetics Maker Surges in Hong Kong Trading Debut
Mao Geping Cosmetics shares jumped in their trading debut in Hong Kong after an oversubscribed offering that underscores appetite for fresh listings in the Asian financial hub.
China cosmetics firm Mao Geping shares rise 85% in Hong Kong debut
By Scott Murdoch and Sophie Yu (Reuters) -Mao Geping shares leapt 85% on Tuesday after the Chinese beauty company raised $300 million in a Hong Kong initial public offering, making it the best debut in the city in four years.
China Makeup Mogul Becomes Billionaire on Hot Hong Kong Debut
One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown.
Hong Kong IPO: Chinese cosmetics firm Mao Geping shines on debut as shares surge 70%
The IPO was the most popular in the city this year, with the retail tranche oversubscribed 918 times Chinese cosmetics firm Mao Geping made a blistering trading debut in Hong Kong after its HK$2.34 billion (US$300 million) offering,
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