One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87 percent after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown.
His skincare and cosmetics firm Mao Geping Cosmetics Co., which listed Tuesday, raised HK$2.3 billion (about $300 million) in its initial public…