THE WHAT? Alibaba is set to add a primary listing in Hong Kong to its New York presence, and is targeting investors in mainland China, according to a report by Reuters.
THE DETAILS The company expects to add the listing by 2022-end and will keep its NYSE listing.
Shares in the company have jumped nearly 6 percent since the news, with Chief Executive Daniel Zhang stating that the dual listing would allow for a “wider and more diversified investor base.”
THE WHY? The e-commerce giant will become one of the first large companies to take advantage of a change in the financial hub in order to attract high-tech Chinese companies, according to Reuters.
The decision by Alibaba falls amidst Washington and Beijing placing greater scrutiny on Chinese companies’ listings, with Alibaba receiving a US$2.8 billion fine after a regulatory crackdown in China.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used 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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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
