Hong Kong stock market movement | Miniso (09896) rises more than 5% again, and the Zanmang Loopy Themed Store opens in Singapore.
According to the Zhongtong Financial APP, Miniso (09896) has risen by more than 5% again. As of press time, it has risen by 5.4% to HKD 39.05, with a turnover of HKD 24.5349 million. On the news front, Miniso's Zanmang Loopy theme store's first overseas store recently opened in Singapore. The store combines Zanmang Loopy with travel elements to create an immersive shopping "super scene." It is reported that since opening its first overseas store in Singapore in 2015, Miniso has entered 111 countries and regions worldwide and has over 660 stores globally.
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On July 9, Miniso spent HK$2.3096 million to buy back 0.066 million shares.
Miniso (09896) announced that it will spend HKD 2.3096 million to repurchase 0.066 million shares on July 9, 2024, with a repurchase price of HKD 34.7-35.1 per share.
MINISO Group Maintains Shares, Executes Buyback
Miniso (09896.HK) repurchased 0.066 million shares for HKD 2.31 million on July 9th.
On July 9, Gelonhui announced that Miniso (09896.HK) spent 2.31 million Hong Kong dollars on July 9, 2024 to repurchase 0.066 million shares at a repurchase price of 34.7-35.1 Hong Kong dollars per share.
On July 8th, Miniso spent 6.963 million Hong Kong dollars to repurchase 0.2 million shares.
Miniso (09896) announced that it will spend 6.963 million Hong Kong dollars to buy back 0.2 million shares on July 8, 2024.
Miniso (09896.HK) bought back 0.2 million shares for 6.96 million Hong Kong dollars on July 8th.
On July 8th, Gelunhui reported that Miniso (09896.HK) had spent 6.96 million Hong Kong dollars to repurchase 0.2 million shares on July 8, 2024, with a repurchase price of HKD 34.5-35.1 per share.
Miniso (09896) spent HKD 6.963 million on buying back 0.2 million shares on July 8th.
Miniso (09896) announced that it will spend 6.963 million Hong Kong dollars to repurchase 0.2 million shares on July 8, 2024...
Minsheng Securities: New round of consumer tax reform may bring new opportunities to the retail industry.
The first expansion of the collection scope mainly targets some high-end consumer goods. Experts from China University of Political Science and Law said that high-end watches, expensive jewelry, and precious stones and jade with mature regulatory conditions may be the first pilot projects.
Miniso (09896.HK) spent 0.3397 million Hong Kong dollars on July 5 to buy back 0.0388 million shares.
On July 8th, Gelunhui announced that Miniso (09896.HK) spent 0.3397 million Hong Kong dollars to repurchase 0.0388 million shares on July 5, 2024, with a repurchase price of 34.9245-35.0805 Hong Kong dollars per share.
MINISO Reports Steady Share Capital in June 2024
Hong Kong stock market changes: Miniso (09896) is up more than 4% now, and the flagship store on Champs-Elysees in France opened recently, setting a new record for overseas daily revenue.
According to the Zhitong Finance APP, Miniso (09896) is now up more than 4%, reporting 4.03%, at HKD 37.45, with a turnover of HKD 25.10 million. On the news front, Miniso's flagship store on the Champs-Élysées in France opened on June 22, with first-day sales of EUR 576,800, breaking the record for overseas single-day sales. In 2023, Miniso's GMV in the European market grew by nearly 70% YoY; in the first quarter of 2024, GMV in the European market increased by more than 80% YoY. Changjiang Securities pointed out that supply chain advantages are the foundation for Miniso to promote the cost-performance flywheel and also for the company to grow.
Fewer Investors Than Expected Jumping On MINISO Group Holding Limited (NYSE:MNSO)
It's not a stretch to say that MINISO Group Holding Limited's (NYSE:MNSO) price-to-earnings (or "P/E") ratio of 16x right now seems quite "middle-of-the-road" compared to the market in the United Sta
[Brokerage Focus] CICC points out that consumer downgrading is still the industry theme. In the second half of the year, there is a preference for optional consumption.
Jinwu Finance | CCB International stated that it has met with investors in Hong Kong, Singapore, and Malaysia in the past two weeks. Investors generally believe that (1) Chinese consumers prefer high-cost-effective products, (2) the popularity of domestic brands is rising, (3) China's lower-tier cities offer better growth potential, (4) the expansion of service consumption is leading to long-term growth opportunities, and (5) overseas expansion seems inevitable. The bank stated that due to overall market correction and slower profit growth, the valuations of the optional consumption and necessary consumption sectors have been lowered to 12.2 times the expected PE in 2024.
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MINISO Group Opens Flagship Store in Paris
MINISO Group Holding (MNSO) said Wednesday it has opened its new global flagship store at 104 Avenue des Champs-Elysees in Paris on Saturday. The China-based lifestyle retailer said it plans to establ
MINISO Opens New Paris Flagship on Champs-Elysées, Breaking Sales Record and Marking Major Step in Global Expansion Strategy
PARIS, June 26, 2024 /PRNewswire/ -- MINISO, the global lifestyle brand known for its fun, affordable, design-led products, celebrated the grand opening of its brand-new flagship store in Paris on Sa
Brokerage focuses on changjiang securities' first buy rating for miniso (09896), pointing out that overseas expansion is accelerating, which is expected to contribute to revenue and profit elasticity.
Changjiang Securities' research report stated that Miniso (09896) is a global leading trendy lifestyle and household retail brand with IP design as its feature. Its main brand, MINISO, and its sub-brand, TOPTOY, respectively focus on affordable household daily products and trendy toys. The bank pointed out that the supply chain advantage is the foundation of Miniso's promotion of cost-effective wheel, as well as the key to the company's reduction of front-end operational difficulty and ensuring light-asset expansion. The bank believes that the company's future growth points are: 1) Endogenous growth: the company gradually shifts from cost-effectiveness to high gross margin interest consumption, locking onto "big beauty", "big toys", and "big" [categories]."
MINISO Group Announces Results of Annual General Meeting
MINISO Group Holding Limited (NYSE: MNSO; HKEx: 9896) ("MINISO," "MINISO Group" or the "Company"), a global value retailer offering a variety of...
MINISO Speeds Efforts to Grow Presence in European Market