HONG KONG -- Mao Geping Cosmetics, a homegrown Chinese beauty brand, made a splashy debut on the Hong Kong stock market Tuesday, with the price almost doubling from what was set for the initial public offering.
'Patriotic consumption' fuels growth of domestic premium beauty brands

Mao Geping, the founder and chairman Mao Geping Cosmetics, appears at the listing ceremony in Hong Kong on Dec. 10. (Photo by Kensaku Ihara)
HONG KONG -- Mao Geping Cosmetics, a homegrown Chinese beauty brand, made a splashy debut on the Hong Kong stock market Tuesday, with the price almost doubling from what was set for the initial public offering.