Viki Technology lists on Beijing bourse at ¥22.16 a share
What's the deal? Shenzhen Viki TechnologyDealroom has a profile for this one. Try Dealroom → went public today on the Beijing Stock Exchange under stock code 920176. The company priced its shares at ¥22.16, giving the offering a price-to-earnings ratio of 14.99.
What's the endgame? Viki is a national high-tech enterprise focused on the research, production, and application of active ingredients for cosmetics. It aims to advance the skin active ingredient industry through technology development and product innovation.
The signal: The listing puts a specialist cosmetics ingredient maker on China's newest exchange, tapping public markets to fund further research and expansion in functional skincare.
Read more: ITjuzi
Image credit: Generated with Gemini
