Mingchuang Premium (9896.HK): Captor of dual markets; going overseas to open up room for growth; first purchase
[Brokerage Focus] Huachuang Securities has upgraded MINISO (09896) to a 'Strong Buy' rating, indicating that its overseas store openings are performing well.
[Brokerage Focus] Guosheng Securities maintains a "Buy" rating on MINISO (09896), indicating that its profitability has clearly improved and its performance continues to exceed expectations.
Huachuang Securities: raised the Target Price for MINISO (09896) to 64-70.4 Hong Kong dollars and upgraded the rating to 'Strong Buy'.
Mingchuang Premium (09896.HK): Overseas business maintains high growth and Yonghui transactions are progressing steadily
Mingchuang Premium (09896.HK) 2024 Third Quarterly Report Review: In line with expectations, expect Q4 to accelerate
[Brokerage Focus] China Merchants maintains a "strong buy" rating on Miniso (09896) and is bullish on the company's steady domestic expansion and sustained high growth in overseas markets.
[Brokerage Focus] Haitong Securities maintains a 'outperform the market' rating on Miniso (09896), as TOPTOY has been profitable for four consecutive quarters and has initiated overseas expansion.
First Shanghai: maintains a "buy" rating for Miniso (09896) with a target price of 58.29 HKD.
[Brokerage Focus] First Shanghai maintains a "buy" rating on miniso (09896), indicating that the Q4 peak season is expected to bring about performance release.
Mingchuang Premium (9896.HK): The low point has passed the guidelines, positively demonstrating management confidence
Mingchuang Premium (9896.HK): Under high domestic base, same stores are under pressure and overseas growth continues to be high
Mingchuang Premium (9896.HK): Steady pace of global store expansion, Q3 gross margin reached a new high
Guosen Securities: Maintains miniso (09896) 'outperform' rating, single-quarter gross margin hits record high.
Kaiyuan Securities: Miniso (09896) Q3 overseas direct-operated store expansion accelerates, driving the increase in gross margin. Maintain a 'buy' rating.
【Brokerage Focus】Guosen maintains the "Outperform Market" rating for Miniso (09896), stating that it has strong channel capabilities and supply chain advantages.
Mingchuang Premium (09896.HK): Single quarter gross margin reached a record high, and the fourth quarter peak season is expected to accelerate performance
Citi: Rated miniso (09896) as 'buy', with a target price of 52.5 Hong Kong dollars.
[Brokerage Focus] Huaan maintains a 'buy' rating for Miniso (09896), pointing out that the performance of the overall net income is somewhat dragged down by the overseas direct sales market.
[Brokerage Focus] Huayuan Securities first gives miniso (09896) a "shareholding" rating, pointing out that its IP strategy and efforts in the second dimension will enhance product strength.