A company called Eternal Beauty, which sells fancy perfumes and beauty products in China, wants to raise money by selling some of its shares on the Hong Kong stock exchange. This company has been growing and now sells perfumes from famous brands like Hermès, Van Cleef & Arpels, and Chopard. They think there is a big market for perfumes in China, and they want to use the money they raise to make their business even better. Read from source...

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Neutral
Article's Main Idea: The article is about Eternal Beauty, a brand manager for international perfumes, planning to list on the Hong Kong Stock Exchange. It also discusses the potential of the Chinese fragrance market and the company's recent performance.
Article's Key Points:
- Eternal Beauty manages 63 perfume brands, including Hermès, Van Cleef & Arpels, Chopard, Albion, and Laura Mercier.
- The company's revenues have been rising for the past three fiscal years, reaching 1.86 billion yuan in the last fiscal year.
- China's fragrance market is expected to grow at a CAGR of 12.8% to reach 47.7 billion yuan in 2028, driven by demand from young consumers.
- Eternal Beauty is the fourth-largest perfume group in China by retail sales and ranks first in China for perfume brand management.
- The company plans to use the IPO funds to upgrade its systems, raise its profile, and support growth.

Article's Sentiment: Neutral