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Hong Kong beauty brand Pitanium debuts on Nasdaq

Hong Kong-based high-end personal care brand Pitanium Limited has listed on Nasdaq under the ticker PTNM, raising up to $8.05 million through its IPO. The company closed its first trading day with a market cap of approximately $92.14 million. Founded in 2013, Pitanium operates two brands: the premium Pitamium and mass-market Big Pi. In fiscal 2024, revenue rose nearly 10% to HK$74.93 million ($9.6 million), with skincare products contributing over half. The company runs an omnichannel model with six stores in key Hong Kong districts.

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