On July 16, Mao Geping (01318.HK) rose 5.01% in regular trading, reaching HKD 56.6 per share, with turnover of approximately HKD 81.87 million. This marks the second consecutive session of over 5% gains following a 5.03% rise the prior day.
On the news front, multiple brokerages recently issued bullish research reports. Guotai Haitong recommended an overweight rating on the stock, noting the company is successfully transitioning from a professional cosmetics brand to a high-end brand representing Oriental aesthetics. Industry weekly reports forecast robust Q2 earnings, projecting high growth on an already elevated base. During the 618 shopping festival, base makeup products including cushion creams and foundations continued to show strength, while skincare offerings such as the caviar mask and signature black cream delivered standout results through collaboration with top livestreamer Li Jiaqi. The Douyin channel saw sustained dominance in color cosmetics categories.
Additionally, the broader Hong Kong-listed beauty sector continued to rally, with peers Giant Biogene, Shanghai Jahwa, and others posting notable gains, suggesting further room for sector-wide valuation recovery.
(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.)
Comments