Step Into the Magic: MINISO Canada's New IP Collection Store Opens at Eaton Centre
Haitong Int'l: Miniso (MNSO.US) is expected to have a stable performance in the third quarter, with a gradual confirmation of the turning point in the fourth quarter.
haitong int'l released a research report indicating that miniso (MNSO.US) is expected to achieve a third quarter revenue of 4.57 billion RMB for the fiscal year 2024, with a 20% year-on-year growth; adjusted net profit of 0.71 billion RMB, a 10% year-on-year increase, corresponding to an adjusted net profit margin of 15.5%. The bank pointed out that in the forecast for the mainland business under miniso, the revenue for the third quarter is expected to be 2.47 billion RMB, with a 7% year-on-year growth, slightly lower than the previous low double-digit forecast, mainly due to lower than expected performance of existing stores in September, with an estimated opening of about 110 new stores during the period. As for the forecast for the overseas business under miniso for the third quarter,
Hong Kong stocks unusual movement | Miniso (09896) rose nearly 3%, Harry Potter collaboration launched in Jakarta, Indonesia, future plans to deepen local market.
Miniso (09896) rose nearly 3%, as of the time of publication, up 2.79%, at 36.8 Hong Kong dollars, with a turnover of 0.174 billion Hong Kong dollars.
European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
US stock market outlook: Wall Street continues to bet on the 'Trump trade'! Phunware surges nearly 20% pre-market; tesla's performance will come later after the market.
Bank of America CEO: The Federal Reserve should be cautious in cutting interest rates, avoiding excessive force; McDonald's fell nearly 7%, serious E. coli infections occurred in McDonald's in many places in the usa.
Nomura Trims Price Target on MINISO Group Holding to $25.60 From $25.90, Keeps Buy Rating