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The latest update is out from Mao Geping Cosmetics Co., Ltd. Class H ( (HK:1318) ).
Mao Geping Cosmetics Co., Ltd. has entered into a strategic cooperation framework agreement with consumer-focused investment firm L Catterton Asia Advisors to support the group’s push into the global high-end beauty market. Under the agreement, L Catterton will use its global investment network to help Mao Geping expand its overseas high-end retail channels, and the parties plan to jointly establish an equity investment fund dedicated to the global high-end beauty sector, while also cooperating on capital structure optimization, talent recruitment and governance. The non-binding framework sets the stage for definitive agreements that could strengthen Mao Geping’s international footprint, enhance its financial flexibility and professionalize its management structure, a move the company says aligns with its long-term growth strategy and is intended to create value for shareholders.
The most recent analyst rating on (HK:1318) stock is a Buy with a HK$128.00 price target. To see the full list of analyst forecasts on Mao Geping Cosmetics Co., Ltd. Class H stock, see the HK:1318 Stock Forecast page.
More about Mao Geping Cosmetics Co., Ltd. Class H
Mao Geping Cosmetics Co., Ltd. is a Chinese cosmetics company listed in Hong Kong, operating in the beauty and personal care industry. Through its brands, the group focuses on high-end cosmetics and related products, targeting both domestic and increasingly overseas premium retail markets.
Average Trading Volume: 1,389,080
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$40.56B
See more data about 1318 stock on TipRanks’ Stock Analysis page.