Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.
China make-up mogul nears billionaire status with 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.
Hang Seng Index Due For Consolidation
The Hong Kong stock market has moved higher in two straight sessions, rallying more than 850 points or 4.2 percent along the way. The ...
Jimmy Lai’s view Hong Kong would become like mainland China was conjecture: judges
Justices interject in fiery exchange with former media owner, who insists he was telling truth about predicted changes on live-streamed show.
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.
Hong Kong IPO: Chinese cosmetics firm Mao Geping shines on debut as shares surge 70%
Chinese cosmetics firm Mao Geping made a blistering trading debut in Hong Kong, with the city’s initial public offering (IPO) market poised to end the year on a high. Trading under the 1318 code, Mao ...
Hong Kong, Shanghai rally on China optimism as Seoul rebounds
Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief ...
China, Hong Kong stocks surge at open on Beijing’s stimulus promise
Authorities will also step up "unconventional" counter-cyclical adjustments, focusing on expanding domestic demand and boosting consumption ...
Asia: Hong Kong, Shanghai rally on China optimism as Seoul rebounds
HONG Kong and Shanghai stocks rallied on Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief ...
Hong Kong restaurant chain Itacho Sushi closes last outlet there after founder’s death from pancreatic cancer
He revealed his cancer diagnosis in 2017, while he was fighting a lawsuit filed by his former business partners, who accused him of breaching his fiduciary duties to their company by secretly opening ...
Hong Kong revs up tech hub ambition with AI supercomputing center debut
HONG KONG, Dec. 9 (Xinhua) -- Hong Kong's largest artificial intelligence (AI) supercomputing center officially commenced operation Monday, providing the much-needed computing power to bolster the ...
Moonshot AI founder’s dispute with 5 investors up for arbitration in Hong Kong
The five firms that invested in Moonshot AI founder Yang Zhilin’s last venture, Recurrent AI, claim he has ‘uncleared liability’.
Hong Kong Stocks to Soar on China Stimulus Signals: Markets Wrap
Stocks in Hong Kong are poised to lead Asian equities higher after China’s top leaders used their most direct language on stimulus in years.
Hong Kong needs more underwriters in marine insurance
The city may have to ease immigration rules to attract talent. Hong Kong should develop and expand its pool of underwriters if it wants to become an international hub for marine insurance and related ...