Movement Alert|Miniso Group Intraday Rise 5.06%, Sustained Aggressive Buybacks and Expansion Momentum Boost Sentiment

Market Focus06-29 11:54

On June 29, Miniso Group rose 5.06% in regular trading, reaching HK$22.86, with turnover of approximately HK$49.39 million.

The rally was driven by the company's sustained high-frequency share repurchases. Since early June, Miniso has conducted buybacks on nearly every trading day, spending HK$30–50 million per session. Cumulatively, the company has repurchased over 28.58 million shares, representing approximately 2.3% of issued share capital. Additionally, Chairman and CEO Ye Guofu personally acquired 2.1 million shares in late May, signaling strong confidence in long-term value. His total stake stands at approximately 63.9%.

On the business front, the company is accelerating the rollout of its park-format stores, targeting over 100 locations globally by year-end. At the Summer Davos Forum, Ye outlined the company's strategy to become a leading global IP operations platform. Bocom International maintains a Buy rating, noting that the current valuation of approximately 10x forward P/E is attractive.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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