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Xiaokuo Technology's Canban brand files for Hong Kong IPO after rapid growth in China's toothpaste market.

Others
02 Apr 2026
Bamboo Works
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Bullish
pluang ai news

Xiaokuo Technology, known for its Canban toothpaste brand, has filed for an IPO in Hong Kong following an 82.5% revenue increase in 2025 and a strong 72.5% gross margin in its core oral care segment. The company leveraged online influencers to become China's fastest-growing oral care seller, capturing 9.2% of the toothpaste market and achieving triple-digit offline sales growth. Despite strong online sales, Xiaokuo aims to expand offline presence to compete with established brands like P&G and Colgate. The IPO could mark the first listing of a toothpaste brand in Hong Kong, attracting significant investor interest including tech and social media funds.

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