MINISO's Hong Kong shares jump most in 14 months on Q3 GMV growth
BUZZ-MINISO's Hong Kong shares jump most in 14 months on Q3 GMV growth ** Shares of MINISO Group 9896.HK jump 11.1% to HK$19.96, on course for the biggest one-day pct rise since August 2025
** Stock hit the highest level since August 31 in the fifth straight gaining session
** U.S.-listed stock MNSO.N ended 5.8% higher on Friday
** The lifestyle products and toys retailer says total gross merchandise value (GMV) of MINISO Chinese mainland for Q3, or three months ended in September, was up 25%-30% y/y, accelerating from the first half of 2026, powered by a high-single-digit SSSG (same store sales growth)
** MINISO Chinese mainland maintained its strong momentum during the National Day holidays from October 1 to 7 with total GMV growth of 20%-25% y/y, powered by a low-single-digit SSSG - Co
** YTD, stock down 46.7%, US shares down 48.8%, while benchmark Hang Seng Index .HSI down 5%
(Reporting by Donny Kwok)
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