Lemo Massages Its Way To Hong Kong Listing

Quick Summary:

The company's Lemobar-brand intelligent chairs have taken nearly 40% of China's growing market for automated massages

Key Takeaways: Lemo has applied to list in Hong Kong, luring investors with its status as China's top massage chair maker for three consecutive years

The company's revenue grew nearly 40% in the first nine months of 2024, but its net profit was roughly flat over that time Hong Kong's IPO market has come to life with a vengeance lately, with companies lining up to list after a prolonged winter.

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Article Details

Author / Journalist: The Bamboo Works

Category: InvestingBusiness

Markets: United StatesChinaHong Kong

Topics: Benzinga IPOs Asia Contributors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 13:22:49 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 982 words

Reading Time: 6 minutes read

Sentences: 42 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26436679

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Main Topics: InvestingBusiness

Official Website: benzinga.com

Update Frequency: 1 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #54

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