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MINISO Group Holding ( (MNSO) ) has shared an announcement.
On January 17, 2025, MINISO Group Holding Limited held an extraordinary general meeting in Hong Kong where shareholders approved the proposed acquisition of shares in Yonghui Superstores Co., Ltd. The adoption of all proposed resolutions at the meeting paves the way for completing the acquisition, contingent on fulfilling other closing conditions as per the agreements. This strategic move reflects MINISO’s ongoing efforts to strengthen its market position and expand its business operations.
More about MINISO Group Holding
MINISO Group is a global value retailer that specializes in offering trendy lifestyle products featuring intellectual property (IP) design. The company operates primarily through its extensive network of MINISO stores, delivering a shopping experience characterized by affordability, quality, and aesthetic appeal. MINISO has established itself as a globally recognized brand since its inception in China in 2013.
YTD Price Performance: -6.58%
Average Trading Volume: 1,697,620
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.6B
Learn more about MNSO stock on TipRanks’ Stock Analysis page.
