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Chinese Cosmetics Brand Mao Geping Raises $300 Million in IPO

Chinese Cosmetics Brand Mao Geping Raises $300 Million in IPO

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…


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74% of hospital leaders say virtual nursing will become integral to acute care

74% of hospital leaders say virtual nursing will become integral to acute care