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MINISO Group Holding Ltd. ( (HK:9896) ) has provided an announcement.
MINISO Group Holding Ltd. has announced its intention to spin off its subsidiary, TOP TOY International Group Limited, by listing it separately on the Main Board of the Hong Kong Stock Exchange. This move, subject to regulatory approvals and market conditions, aims to enhance the subsidiary’s market presence and operational focus while maintaining it as a subsidiary of MINISO.
The most recent analyst rating on (HK:9896) stock is a Buy with a HK$56.00 price target. To see the full list of analyst forecasts on MINISO Group Holding Ltd. stock, see the HK:9896 Stock Forecast page.
More about MINISO Group Holding Ltd.
MINISO Group Holding Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the retail industry. The company focuses on offering a variety of lifestyle and consumer products, with a market focus on affordable and trendy items.
Average Trading Volume: 6,725,652
Technical Sentiment Signal: Buy
Current Market Cap: HK$56.61B
Find detailed analytics on 9896 stock on TipRanks’ Stock Analysis page.