Mao Geping's two shareholders announce a placement, dropping 17%

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May 16, 2026

Mao Geping Two Shareholders Plan a Placement; Once Dropped 17%

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Mainland beauty brand Mao Geping (01318) announced in January that its shareholders had a plan to reduce their holdings. Bloomberg reported on Friday (the 15th) that two shareholders of Mao Geping, Ding Tao and Xu Kejun, intend to sell 9.87 million shares through JPMorgan, raising approximately 625 million to 641 million yuan. The news weighed on the stock, which once plunged nearly 17%.

According to Bloomberg, citing sales documents, Ding Tao and Xu Kejun plan to sell a total of 9.87 million shares via JPMorgan at a price of 63.3 yuan to 65 yuan per share…

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