This article only represents the author's own views.
Public listings have become all the rage as Hong Kong experiences one of its hottest IPO markets in years. But few companies can rival Shandong Huawutang Cosmetics Co. Ltd., owner of the Dream Garden brand, in their enthusiasm for joining the listing wave.
Within just two months, starting last November, the company changed from its limited liability structure into a joint stock company, a key step to prepare for becoming publicly listed. It then raised 204.6 million yuan ($29 million) in a Series A financing this month and adopted its current name, before submitting its Hong Kong listing application at the end of last week.