THE WHAT? The owner of Chando Cosmetics, Jala Group is said to be considering floating on the Hong Kong Stock Exchange. The Chinese beauty maker is working with Huatai International and UBS on the potential IPO.
THE DETAILS Bloomberg reports that the Shanghai-based firm could raise as much as US$500 million, quoting sources ‘familiar with the matter’ and is expecting to launch its first share offer in early 2024.
THE WHY? If Jala Group goes ahead, it would be the latest in a spate of listings by C-beauty firms in recent months with Giant Biogene and Chicmax both making their debut in the past year. Local brands are gaining in popularity across China as political fracas take the gloss of J-beauty and K-beauty.
Buy aesthetic products refers to the act of purchasing items that are specifically designed for enhancing or maintaining beauty, often related to skincare, cosmetics, or procedures in the field of aesthetics. These products can include a wide range of items intended to improve the appearance and health of the skin, hair, and body. Here are some examples of aesthetic products that individuals might purchase:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments targeting specific skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows designed to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Dermatological Treatments: Prescription or over-the-counter treatments for medical conditions like acne, eczema, psoriasis, or rosacea.
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Aesthetic Devices: Equipment used for professional treatments including laser devices, microneedling pens, radiofrequency devices, and IPL (Intense Pulsed Light) machines.
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Injectable Aesthetics: Products such as dermal fillers and botulinum toxin (Botox) used to enhance facial contours, reduce wrinkles, and achieve smoother skin.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
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Home Use Beauty Devices: Devices like facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
