HK Stock Market Move | MAO GEPING (01318) rose nearly 4%. Policy dividends cover the entire chain of the beauty industry. The company takes the opportunity to lay out in advance and develop its business in Hainan Free Trade Zone.

MAO GEPING (01318) rose nearly 4%, as of the latest update, it increased by 3.69% to HKD 87.1, with a trading volume of HKD 146 million. In terms of news, on December 18th, Hainan Free Trade Port officially closed, China Securities Co., Ltd. believes that with the policy dividends, Hainan is expected to become a hot land for industrial relocation, with various industries likely to gather in Hainan and create a new economic growth point. Previously, the Hainan Provincial Drug Administration issued measures to support the high-quality development of the cosmetics industry, the first provincial special support policy targeting the cosmetics industry in Hainan. Covering the entire industry chain, the policy dividends aim to support the industry from eight perspectives. According to data from Qichacha, in just the past six months, Hainan Province has added 41,826 new registered cosmetic-related companies. This surge of companies entering the market reflects a strong consensus on the prospects of the industry in Hainan. Public information shows that in November of this year, MAO GEPING established MAO GEPING (Hainan) Trading Co., Ltd. in Haikou with a registered capital of 10 million yuan, engaging in cosmetics wholesale and retail, goods import and export, among other business activities.