Hillhouse-Backed Yatsen Is Now Public. Here's What Investors Should Know
Yatsen Holding (NYSE: YSG), which owns one of China's biggest cosmetics brands, Perfect Diary, began trading on the New York Stock Exchange on Nov. 19 through an IPO that raised $616.9 million.
This Chinese company is relatively unknown in the U.S. but one of its backers has a history of successful early investments in some of the biggest tech companies out there. That suggests it might be worthy of further investigation as a potential investment.
Here are three important things investors should know about this new publicly traded company.
Source Fool.com
