Core Viewpoint - Shanghai Linqingxuan Biotechnology Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, indicating strong market interest and positioning in the high-end skincare sector [1] Company Summary - The company priced its shares at HKD 77.77 each and issued a total of 13.9665 million shares, raising approximately HKD 997.1 million in net proceeds [1] - In early trading, Linqingxuan opened 9.3% higher and reached a midday increase of 14.37%, trading at HKD 88.65 with a transaction volume of HKD 380.1 million and a market capitalization of HKD 12.42 billion [1] Industry Summary - According to Zhi Shi Consulting data, Linqingxuan ranks first among high-end domestic skincare brands in China based on projected retail sales for 2024, and it is the leading brand in the anti-wrinkle and firming skincare category [1] - Linqingxuan is also noted as the only domestic brand among the top 15 high-end skincare brands in China, highlighting its unique position in the market [1]
林清轩港股上市：市值超120亿港元 国货高端护肤第一股诞生