Miniso Dual Primary Listing: Positive on Momentum, Valuation and Acceleration of Global Expansion
Miniso rallied more than 70% this month before receiving approval for a $100m placement on the Hong Kong Stock Exchange yesterday (27th June 2022). The company has no requirement for extra cash and
- MINISO Group Holdings (MNSO US) rallied more than 70% this month before receiving approval for a $100m placement on the Hong Kong Stock Exchange yesterday (27th June 2022).
- The company has no requirement for extra cash and this Hong Kong listing is mostly a precautionary measure against a potential delisting of Chinese companies from US markets.
- Overall, we are positive about this placement on account of momentum, reasonableness of current valuation and positive reception of what we would regard as an intention to accelerate expansion.
Full analysis here:- https://www.smartkarma.com/insights/miniso-dual-primary-listing-positive-on-momentum-valuation-and-acceleration-of-global-expansion?utm_source=tiger_community
By Oshadhi Kumarasiri, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/oshadhi-kumarasiri?utm_source=tiger_community
On MINISO Group Holdings (MNSO US):- https://www.smartkarma.com/entities/miniso-group-holdings?utm_source=tiger_community
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