MINISO (MNSO) Surges Over 5.5% Amid Strong Domestic and Overseas Expansion

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Dec 12, 2024
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MINISO (MNSO, Financial) shares rose over 5.5% to $24.78. According to analysts, the company is experiencing stable domestic growth and rapid overseas expansion in the short term. Long-term prospects are promising due to a strong "1+3" strategy, comprising a robust Chinese supply chain, global IP, design, and distribution channels. This positions MINISO well for steady domestic growth and sustained high overseas expansion, with the continuous development of its TOPTOY brand contributing to long-term growth.

Additionally, during its earnings call, MINISO highlighted a 50% quarter-over-quarter sales increase in its anime-themed product category. The company plans to launch new self-developed anime-related products monthly starting next year.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.