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2021-12-08
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Citic-Backed Chinese Beauty Chain Weighing Hong Kong IPO
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The listing could take place as soon as the second half of 2022, the people said, asking not to be identified as the information is private.</p>\n<p>Deliberations are ongoing and details such as timing and fundraising size could change, the people said. Beauty Farm didn’t immediately respond to requests for comment.</p>\n<p>An IPO would come as China’s consumer brands win market share from foreign rivals, offering investors a viable alternative to tech startups amid a crackdown on the biggest firms in that sector. Genki Forest, a Chinese beverage maker known for its flavored teas and sparkling water, is seeking to raise $500 million in fresh capital at a pre-investment valuation of $15 billion, Bloomberg News reported last month.</p>\n<p>Founded in 1993, Beauty Farm offers skin health and facial aesthetics services at its beauty parlors, according to its website.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citic-Backed Chinese Beauty Chain Weighing Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCitic-Backed Chinese Beauty Chain Weighing Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 19:53 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-12-08/citic-backed-chinese-beauty-chain-said-to-weigh-hong-kong-ipo?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beauty Farm could seek up to $500 million in a listing\nFirm is working with advisers for an IPO as soon as 2H 2022\n\nBeauty Farm, a Chinese beauty salon chain, is considering an initial public offering...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-08/citic-backed-chinese-beauty-chain-said-to-weigh-hong-kong-ipo?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-12-08/citic-backed-chinese-beauty-chain-said-to-weigh-hong-kong-ipo?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131295914","content_text":"Beauty Farm could seek up to $500 million in a listing\nFirm is working with advisers for an IPO as soon as 2H 2022\n\nBeauty Farm, a Chinese beauty salon chain, is considering an initial public offering in Hong Kong that could raise as much as $500 million, people with knowledge of the matter said.\nThe Citic Private Equity-backed company is working with advisers on a potential first-time share sale, said the people. The listing could take place as soon as the second half of 2022, the people said, asking not to be identified as the information is private.\nDeliberations are ongoing and details such as timing and fundraising size could change, the people said. Beauty Farm didn’t immediately respond to requests for comment.\nAn IPO would come as China’s consumer brands win market share from foreign rivals, offering investors a viable alternative to tech startups amid a crackdown on the biggest firms in that sector. Genki Forest, a Chinese beverage maker known for its flavored teas and sparkling water, is seeking to raise $500 million in fresh capital at a pre-investment valuation of $15 billion, Bloomberg News reported last month.\nFounded in 1993, Beauty Farm offers skin health and facial aesthetics services at its beauty parlors, according to its website.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/602398959"}
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