Chinese Beauty Brand Mao Geping's Outlook Remains Positive

Dow Jones07-23

0746 GMT - Chinese beauty brand Mao Geping Cosmetics' outlook remains positive, according to Jefferies analysts in a research note. The analysts expect revenue and net profit growth of 25% from a year earlier in the first half of 2026 on solid growth momentum in both makeup and skincare, with makeup outpacing skincare. The brand is expected to launch in Singapore in 2027, which is likely to help Mao Geping's expansion globally, they say. Jefferies maintains its buy rating with a target price of 100.00 Hong Kong dollars. This is supported by Mao Geping's strong IP and brand equity, offline competitive advantages, and growth potential in other categories and overseas, they say. Shares last traded at HK$57.70. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 03:46 ET (07:46 GMT)

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Jefferies maintains its buy rating with a target price of 100.00 Hong Kong dollars. This is supported by Mao Geping's strong IP and brand equity, offline competitive advantages, and growth potential in other categories and overseas, they say. Shares last traded at HK$57.70. 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The analysts expect revenue and net profit growth of 25% from a year earlier in the first half of 2026 on solid growth momentum in both makeup and skincare, with makeup outpacing skincare. The brand is expected to launch in Singapore in 2027, which is likely to help Mao Geping's expansion globally, they say. Jefferies maintains its buy rating with a target price of 100.00 Hong Kong dollars. This is supported by Mao Geping's strong IP and brand equity, offline competitive advantages, and growth potential in other categories and overseas, they say. Shares last traded at HK$57.70. 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