Core Viewpoint - The stock of Up Beauty Holdings (02145) has increased by over 5%, currently trading at 98.2 HKD with a transaction volume of 63.94 million HKD, driven by strong performance in the beauty sector on Douyin [1] Group 1: Company Performance - In August, the GMV of the beauty category on Douyin exceeded 20 billion RMB, showing a year-on-year growth of 19.56% and a month-on-month increase of 21.46% [1] - The domestic brand Han Shu has maintained its leading position in the Douyin beauty market, achieving sales exceeding 700 million RMB [1] - Han Shu has consistently ranked as the top beauty brand on Douyin for the past two years, maintaining this position every month in the first eight months of this year [1] Group 2: Market Dynamics - Minsheng Securities highlights the strong growth of the main brand Han Shu, along with other brands like Newpage contributing to high growth [1] - The company is actively expanding its multi-category and multi-brand strategy to further strengthen its competitive edge in the market [1]
港股异动 | 上美股份(02145)涨超5% 主品牌韩束增长强劲 公司积极进行多品类布局