Mao Geping Cosmetics prepares to raise HK$2.3 billion in IPO
Mao Geping Cosmetics has passed its first listing hearing and hopes to raise about HK$2.3 billion in its IPO on the Hong Kong Stock Exchange.
The brand has abandoned its attempt to list in Shanghai after four failed attempts to list since 2016, The Standard reported.
The company reported a profit of RMB 664 million in 2023, with revenue soaring 83% to RMB 2.89 billion.
The Standard reported that since Mao Geping's first attempt at listing, analysts have been closely scrutinizing its business model, product range and R&D spending, and have raised some concerns, such as R&D expenses being less than 1% of revenue and its products mostly being produced by contract manufacturers.
You May Interested In
High Quality β-Nicotinamide adenine dinucleotide CAS 53-84-9 NADwith ready stock and best price
$3/UNIT FOB
2026-09-28
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Huide Technology Partners with U.S. Firm to Open the Door to Mass Production of Circular TPU
-
New Ocean Freight GRI Takes Effect on Asia, Middle East and Africa Routes to U.S. and Canada
-
Private Equity Firm Acquires Lyons Magnus for About $1 Billion as Beverage and Nutrition Ingredients Consolidate
-
Merck Wins Approval for the World’s First Oral PCSK9 Drug, with Potential Annual Sales of $5 Billion
-
LG Chem Enters Semiconductor Stripper Market for the First Time, Cutting Process Time by 50%
-
From Kitchen Herb to Feed Additive: EFSA Gives Green Light to Marjoram Oil—With a Caution for Handlers
-
Arkema Divests PVC Additives Business to Focus Resources on High-Performance Materials Market
-
China Suspends Sulfuric Acid Exports, Global Copper and Fertilizer Supply Under Strain
-
Red Algae, Golden Promise—With a Daily Dose Warning: EFSA Clears Astaxanthin-Rich Algal Meal for New Foods
-
Triple Shield, Zero Risk: EFSA Declares Stacked GM Cotton Safe for Food, Feed, and Environment
Recommend Reading
-
![APVMA Suspends Dimethoate Use on Select Berries Amid Updated Exposure Assessment]()
APVMA Suspends Dimethoate Use on Select Berries Amid Updated Exposure Assessment
-
![Sun-Kissed Insect Oil? EFSA Approves UV-Treated Mealworm Fat as Safe—and Vitamin D-Rich—Novel Food]()
Sun-Kissed Insect Oil? EFSA Approves UV-Treated Mealworm Fat as Safe—and Vitamin D-Rich—Novel Food
-
![The GLP-1 Sweet Shot in India’s Diabetic Gut]()
The GLP-1 Sweet Shot in India’s Diabetic Gut
-
![From Fungus to Food: EFSA Greenlights Rhizomucor pusillus Biomass as Safe Novel Ingredient]()
From Fungus to Food: EFSA Greenlights Rhizomucor pusillus Biomass as Safe Novel Ingredient
-
![EFSA Publishes Peer Review Conclusions on Phenmedipham Herbicide Assessment]()
EFSA Publishes Peer Review Conclusions on Phenmedipham Herbicide Assessment
-
![Uses and Properties of Copper Acetate]()
Uses and Properties of Copper Acetate
-
![MTBE Market Trend Fluctuates Higher in China]()
MTBE Market Trend Fluctuates Higher in China
-
![Business Society’s September 15, 2026, Petroleum Coke Trend Analysis: Volatile but Relatively Strong]()
Business Society’s September 15, 2026, Petroleum Coke Trend Analysis: Volatile but Relatively Strong
-
![Supply-Demand Dynamics Drive Slight Rise in Toluene Market]()
Supply-Demand Dynamics Drive Slight Rise in Toluene Market
-
![October Sodium Metabisulfite Prices Decline]()
October Sodium Metabisulfite Prices Decline
