Chinese cosmetics firm Mao Geping's shares rise nearly 75% in Hong Kong debut

Chinese cosmetics firm Mao Geping's shares rise nearly 75% in Hong Kong debut

The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu/ File Photo

Mao Geping shares rose almost 75% on Tuesday after the Chinese beauty company raised $270 million in a Hong Kong initial public offering.