News Snapshot:
(Bloomberg) -- Hangzhou UCO Cosmetics Co., a Chinese e-commerce servicing company for beauty brands, is considering a Hong Kong initial public offering that could raise at least $300 million, according to people familiar with the matter. The Citic Capital Partners-backed company has held discussions with potential advisers on the share sale, said the people, who asked not to be identified as the information is private. The IPO could take place as soon as this year, they said. Deliberations are at an early stage, and details of the offering including size and timeline could still change, the people said. Representatives for...
