New stock news | Genuine Holdings submits second listing application to the Hong Kong Stock Exchange
According to the disclosure on March 9 by the Hong Kong Stock Exchange, Positive Brand Holdings Limited (referred to as Positive Brand Holdings) submitted its IPO application to the main board of the Hong Kong Stock Exchange, with Wangbo Capital Limited as its exclusive sponsor.
According to the disclosure on March 9th by the Hong Kong Stock Exchange, Premium Control Holdings Limited (referred to as Premium Control) has submitted its listing application to the Hong Kong Stock Exchange with Huabao Capital Limited as its sole sponsor. This is the company's second submission to the Hong Kong Stock Exchange. According to Frost & Sullivan data, based on the retail value of health and beauty supplements and products, the company's market share among international and local health and beauty supplement and product suppliers in Hong Kong is approximately 1.6% in 2024.
According to the prospectus, the company is mainly engaged in the development, sales, marketing, and distribution of health and beauty supplements and products in Hong Kong. The company outsources the production of products to suppliers (including manufacturers) and primarily distributes its products through Mannings' retail stores in Hong Kong under the company's own brand and third-party brands.
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