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9896 — MINISO Holding News Story

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Consumer CyclicalsSpeculativeMid CapContrarian

MINISO Group climbs most in 6 weeks on robust Q1 outlook

** Shares of MINISO Group Holding 9896.HK climb 4.6% to HK$28.98, on course for the biggest one-day pct gain since April 1

** Stock on track to snap two straight falling sessions

** Lifestyle products and toys distributor expects its Q1 revenue to rise 28%-29% y/y, operating profit up 113%-116% y/y and profit up 195%-200% y/y

** YTD, stock down 21.2%, while benchmark Hang Seng Index .HSI up 3%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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