Movement Alert|Mao Geping Rises 5.21% in Regular Trading, 618 Promotion Momentum and New Bullish Analyst Coverage Continue to Lift Shares

Market Focus06-04

On June 4, Mao Geping (01318.HK) rose 5.21% in regular trading, trading at HK$64.0/share, with trading volume of HK$121 million.

The rally extends gains following multiple positive catalysts. Everbright Securities initiated coverage with a \"Buy\" rating and a target price of HK$125, citing the brand's scarcity positioning and high growth trajectory. Meanwhile, Tmall 618 promotion data showed Mao Geping's GMV surging over 10% year-on-year, with its signature Caviar Cushion product growing 50% YoY, ranking among top domestic beauty brands in Li Jiaqi's livestream channel.

Additionally, between May 21 and May 27, four core family members collectively purchased 762,700 shares at a weighted average price of approximately HK$58.8/share, spending roughly HK$44.84 million, signaling management confidence in long-term value. JP Morgan also highlighted the company as its top pick in the China beauty sector, noting strong Q1 performance and clear store expansion visibility.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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