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Mao Ge Ping (01318.HK) fully exercised the over-allotment option, price stabilization actions, and the end of the price stabilization period.
Gelonghui January 6丨Mao Ge Ping (01318.HK) announced that the exclusive overall coordinator (acting for itself and representing the international underwriters) fully exercised the over-allotment option stated in the prospectus on January 4, 2025 (Saturday), involving a total of 11,763,500 Listed in Hong Kong shares, accounting for approximately 15% of the total number of shares offered for subscription under the Global offering (after considering the adjustment right of the offering volume but before any exercise of the over-allotment option). The over-allotted shares will be priced at HKD 29.80 per Listed in Hong Kong share (i.e., the offering price per Listed in Hong Kong share under the Global offering, excluding 1% brokerage commission.
[Brokerage Focus] Guotou Securities initially gives Mao Ge Ping (01318) a "Buy-A" rating, noting its outstanding growth potential.
Jinwu Financial News | Guotou Securities research points out that MaoGeping (01318) is a brand-driven rather than a product-driven company. High-end brands need to be seen and purchased by the target audience, and the key is to capture the core demographic. As of the first half of 2024, MaoGeping's brand online and offline membership is 12.4 million. Note that the growth of MaoGeping is driven on the surface by products and channels, but behind it is the expansion of the core member group. Moreover, the bank believes that the supply chain is not a weakness. MaoGeping's products are not focused on strong efficacy, but rather on overall aesthetics and user experience. MaoGeping is not without research and development but focuses its R&D efforts on aesthetic design. Additionally, in the field of makeup...
Hong Kong stocks Concept tracking | The recovery of beauty Consumer purchasing cycles returns to normal in 2024, with a rise of new domestic beauty and personal care brands (including Concept stocks).
The output value of the Cosmetic industry in Guangzhou has exceeded 100 billion yuan.
Hong Kong stocks closed (December 11) | The Hang Seng Index rose by 1.2%, with the Consumer direction fully exploding, and the CSI SWS Food & Beverage index and Dining sectors leading the gains.
After the Hong Kong stock market opened, it maintained a fluctuating trend, with all three major Indexes rising significantly before noon, and the increase narrowed slightly at the end of trading.
Stock market movements | Mao Ge Ping (01318) is currently up over 5%. The company is a leading high-end domestic beauty brand, and Institutions state there is room for improvement in profitability.
Mao Geping (01318) is now up over 5%, with a current increase of 5.29%, trading at 54.7 Hong Kong dollars, with a turnover of 0.179 billion Hong Kong dollars.
Zhengxin Valley and Ivy earned a lot by participating in new listings! Maogeping surged 76.51% on its first day of listing.
① As one of the few specialized makeup artist brands, Mao Geping has a completely different competitive advantage from the general public in terms of professional endorsement, talent training, Commodity development, and terminal retail. ② Mao Geping also needs to increase investment in research and development. ③ Before its IPO, Mao Geping introduced six cornerstone investors, including CPE and Zhengxin Valley Capital, which collectively subscribed for $0.1 billion.
