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MINISO Group Holding Ltd. ( (HK:9896) ) has issued an announcement.
MINISO Group Holding Ltd. announced the unwinding of a collar transaction by its Chairman, Mr. Ye Guofu, involving 14,000,000 ordinary shares. This move signifies Mr. Ye’s confidence in the company’s long-term success, as he regains control of the shares previously used as credit support in a prepaid forward contract with a financial institution.
The most recent analyst rating on (HK:9896) stock is a Buy with a HK$52.20 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. It is known for offering a variety of consumer products, including lifestyle and home goods, with a focus on affordable pricing and wide market reach.
Average Trading Volume: 10,327,780
Technical Sentiment Signal: Sell
Current Market Cap: HK$44.23B
See more data about 9896 stock on TipRanks’ Stock Analysis page.