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The latest update is out from MINISO Group Holding Ltd. ( (HK:9896) ).
MINISO Group Holding Ltd. has announced a preliminary assessment of a potential spin-off listing for its pop toy business under the brand ‘TOP TOY’. The company aims to optimize shareholder value through this potential move, though the plan is still in its early stages and subject to market conditions. Stakeholders are advised to exercise caution as there is no assurance regarding the timing or details of the proposed plan.
The most recent analyst rating on (HK:9896) stock is a Hold with a HK$36.00 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 known for its retail business. It operates in the consumer goods industry, offering a variety of lifestyle and household products, with a focus on affordable and high-quality items.
Average Trading Volume: 10,982,812
Technical Sentiment Signal: Sell
Current Market Cap: HK$44.05B
See more data about 9896 stock on TipRanks’ Stock Analysis page.