Movement Alert｜Mao Geping Rises 5.43% in Regular Trading, Goldman Sachs Report Highlights Domestic Premium Brand Growth During 618

Market Focus10:10

On June 29, Mao Geping rose 5.43% in regular trading, trading at HK$53.8/share, with turnover of HK$27.12 million.

On the news front, Goldman Sachs recently published its 618 China Beauty Industry Tracking Report, noting that Chinese domestic premium brands demonstrated stronger growth elasticity during this promotional cycle. Mao Geping was cited as one of the most representative growth cases, with domestic premium brand growth rates clearly outpacing international counterparts in the same tier.

Notably, despite industry data showing the first-ever negative growth in overall beauty sales during 618, with color cosmetics and fragrance declining 4.90% year-over-year, Mao Geping achieved counter-trend growth through its premium positioning and omni-channel operational capabilities. Goldman Sachs categorized Mao Geping under its Domestic Premium brand coverage alongside Lin Qingxuan, comparing them directly with international luxury brands — a significant institutional endorsement of the brand's competitive standing in China's high-end beauty market.

(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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