Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO

Mao Geping Cosmetics

09/12/2024 14:24

Dec 9 (Reuters) - Chinese beauty brand Mao Geping
 1318.HK  on Monday set the price for its shares at the top of
the range, as it looks to raise $270 million in a Hong Kong
initial public offering. 
    The company is selling 70.6 million shares and put a price
range of HK$26.30 to HK$29.80 when the deal was launched. 
    Reuters earlier this month reported Mao Geping was set to
price its shares at top of the price range. 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))