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Miniso Group's Earnings Growth Intact Despite 3Q Miss -- Market Talk
Nomura: Raises the target price of miniso to $26.30.
Nomura Securities has raised miniso's target price for US stocks from $25.60 to $26.30.
MINISO Group Target Price Raised to US$26.30 From US$25.60 by Nomura >MNSO
Hong Kong stocks movement | miniso (09896) rose over 7% after results with a 22.8% year-on-year increase in revenue for the third quarter as the company continues to focus on store expansion.
miniso (09896) rose over 7% after the earnings report, reaching 7.24% as of the time of writing, priced at 41.5 Hong Kong dollars, with a transaction volume of 0.179 billion Hong Kong dollars.
Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
Overseas revenue increased by 39.8% year-on-year, miniso: Next year will focus on developing the millet economy | Direct hit earnings conference
① In response to the potential risk of additional tariffs imposed by the usa, Ye Guofu stated at last night's earnings conference that miniso is actively taking various measures, including increasing the proportion of local assets and seeking alternative supply chains in Southeast Asia, Japan, and South Korea, to ensure the stability of the supply chain. ② According to Zhang Jingjing, miniso expects to resolve no less than 60% of the investment amount through external borrowing.
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