Mao Geping Cosmetics' Successful Hong Kong IPO with Paul Hastings' Expertise
Deal News | Dec 10, 2024 | Paul Hastings
Paul Hastings LLP has contributed its legal expertise to the successful IPO of Mao Geping Cosmetics Co., Ltd. on the Hong Kong Stock Exchange. Acting as advisors to China International Capital Corporation Hong Kong Securities Limited (CICC) and other underwriters, Paul Hastings played a significant role in orchestrating the global offering and listing of this prestigious cosmetic brand. Mao Geping Cosmetics, recognized as a leading Chinese premium beauty brand, was founded by Mr. Mao Geping, a reputed makeup artist in China. The legal team from Paul Hastings, led by Raymond Li, included several notable partners and associates who specialize in a range of financial and corporate disciplines crucial for managing complex capital markets transactions. This development highlights Paul Hastings' robust presence in the consumer and retail sectors, following their involvement in other major IPOs across various industries in China.
Sectors
- Capital Markets
- Consumer & Retail
- Legal Advisory
Geography
- Hong Kong – The IPO was conducted on the Hong Kong Stock Exchange, making Hong Kong a focal point of this transaction.
- China – Mao Geping Cosmetics, the target of the IPO, is a Chinese company, highlighting China as a key geographical area.
Industry
- Capital Markets – The article revolves around the IPO of Mao Geping Cosmetics, a significant capital markets transaction.
- Consumer & Retail – Mao Geping Cosmetics operates in the consumer and retail sector, specifically within the beauty industry.
- Legal Advisory – Paul Hastings provides legal advisory services, especially in IPOs and corporate finance.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mao Geping Cosmetics Co., Ltd. | Target Company | Company | A leading Chinese premium beauty group founded by renowned makeup artist Mr. Mao Geping. |
| Paul Hastings LLP | Legal Advisor | Company | Global law firm advising on the IPO, known for its expertise in finance and corporate law. |
| China International Capital Corporation Hong Kong Securities Limited (CICC) | Sole Sponsor & Overall Coordinator | Company | Major financial services company leading the IPO process for Mao Geping Cosmetics. |
| China Galaxy International Securities (Hong Kong) Co., Limited | Joint Global Coordinator | Company | Played a critical role in managing the global aspects of the IPO. |
| Huatai Financial Holdings (Hong Kong) Limited | Joint Global Coordinator | Company | Instrumental in coordinating the IPO alongside other financial institutions. |
| Guotai Junan Securities (Hong Kong) Limited | Joint Global Coordinator | Company | Involved in the strategic orchestration of the IPO. |
| CCB International Capital Limited | Joint Global Coordinator | Company | Participated in the management and coordination of the IPO. |
| ABCI Capital Limited | Joint Bookrunner | Company | Assisted in managing the logistics of the IPO. |
| CMBC Securities Company Limited | Joint Bookrunner | Company | Engaged in effectively executing the IPO process. |
| Tiger Brokers (HK) Global Limited | Joint Lead Manager | Company | Provided critical management support for the IPO. |
| Futu Securities International (Hong Kong) Limited | Joint Lead Manager | Company | Played a significant role in overseeing the IPO execution. |
| Livermore Holdings Limited | Joint Lead Manager | Company | Part of the team managing the IPO. |