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MINISO Group Holding Ltd. ( (HK:9896) ) has shared an announcement.
MINISO Group Holding Ltd. has entered into new lease agreements for warehouse space in Zhaoqing City, Guangdong Province, effective from June 1, 2025, to December 31, 2027. This strategic move is aimed at accommodating the company’s growing business demands by providing additional storage space, improving logistics efficiency, and reducing costs, thereby ensuring stable tenancy and avoiding disruptions from frequent relocations.
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, operating primarily in the retail industry. It focuses on providing a variety of lifestyle products, including household goods, cosmetics, and toys, through its subsidiaries.
Average Trading Volume: 10,979,563
Technical Sentiment Signal: Sell
Current Market Cap: HK$42.8B
For detailed information about 9896 stock, go to TipRanks’ Stock Analysis page.