Maogeping Cosmetics files for Hong Kong IPO
Maogeping Cosmetics Co has once again submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with China International Capital Corporation serving as its exclusive sponsor. The makeup artist Mao Geping founded the eponymous beauty brand in 2000. After years of development, it has now grown into a leading high-end beauty group in China. According to data released by the Hong Kong Stock Exchange on October 9, Mao Geping ranks seventh in China’s high-end beauty market, with a 1.8% market share.