The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.
Tagged By business
China’s private factory gauge grows again, sign of stabilisation
China’s manufacturing activity expanded for a second straight month, according to a private survey, a further sign of stabilisation after Beijing unleashed a stimulus package to shore up the economy.
Stock market today: Asian shares gain as China is boosted by strong factory orders
Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing …
Before exiting, Biden heads to Africa to highlight his own counter to China. Will Trump take it up?
President Joe Biden will make his long-awaited visit to Africa this week to showcase a U.S.-backed railway project that goes across three countries …
Asia’s factories perk up on China recovery but Trump risks loom
Asia’s largest manufacturing economies stepped up activity in November, with China’s factories extending their recovery driven in part by Beijing’s stimulus and a rush to export, though weak patches …
Building Apple Products Has Become a Side Hustle for China’s Biggest EV Maker
Apple products say on the box “assembled in China,” leaving the mystery of who did the assembling. Owners of a new iPad might be surprised to learn one of the answers: China’s biggest electric-vehicle …
China’s Mao Geping Cosmetics aims to raise up to $270 mln in Hong Kong IPO
Chinese beauty brand Mao Geping Cosmetics, led by one of the country’s most famous make-up artists, is aiming to raise up to $270 million in a Hong Kong initial public offering, according to its …
Caixin PMI: China’s November factory growth hits five-month high, beats forecasts
Manufacturers saw incoming new orders rise at its fastest pace in more than three years, signaling that stimulus efforts have already seeped into the economy.
China’s Mao Geping Cosmetics aims to raise up to $270 million in Hong Kong IPO
Chinese beauty brand Mao Geping Cosmetics, led by one of the country’s most famous make-up artists, is aiming to raise up to $270 million in a Hong Kong initial public offering, according to its …
Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say
Tencent Holdings-backed WeDoctor has revived its plan for a Hong Kong stock listing. The company aims to submit its application at the end of December and hopes to complete the initial public offering …
China will respond accordingly to potential Trump tariffs, Chinese gov’t think tank official says
BEIJING — China will respond accordingly to trade policies targeting Beijing that might be introduced by the incoming Donald Trump administration, according to Qu Weixi, vice president of the Chinese …
How to Unblock Instagram in China: Proven Method That Works in 2024
Trying to unblock Instagram? Learn how to use a VPN and discover the best ones to access and use Instagram securely in China.
Trump’s tariff threats negatively impact relationships with key U.S. allies
Donald Trump plans to increase tariffs on Mexico, Canada, and China. The incoming chair of the New Democrat Coalition, Rep. Brad Schneider, joins The Weekend to discuss the Democrats’ fight ahead as Trump’s tariff plan…
