Dream Garden, a Chinese botanical skincare brand, has applied to list on the Hong Kong Stock Exchange. The company reported revenue surging 76.7% YoY to 1.895 billion RMB ($261 million) in the first nine months of 2025, with full-year revenue expected to exceed 2 billion RMB ($275 million). Founded in 2010, Dream Garden focuses on floral-based body, hair, and facial care products, ranking among China’s top body care brands. Hair care became a key growth driver, with sales jumping over 495% in early 2025. Online channels contribute 76.3% of revenue, boosted by athlete Sun Yingsha’s endorsement. IPO proceeds will support R&D, supply chain, and digital upgrades.

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