MINISO Group Holding Limited (NYSE:MNSO) is one of the 10 Fastest Growing Asian Stocks to Buy Now.
On June 29, 2026, MINISO Group Holding Limited (NYSE:MNSO) announced a new share repurchase program
Under the program, the company may repurchase up to HKD 2B of its outstanding ordinary shares and/or American depositary shares from the open market over a 12-month period starting June 30. Miniso expects to fund the repurchases from surplus cash on its balance sheet. Earlier in June, MINISO Group Holding Limited (NYSE:MNSO) CEO and founder Ye Guofu disclosed the purchase of 2.1M shares at prices between $3.27-$3.25 for a total amount of $6.9M.
The stock was up 15c to $13.68 in premarket trading. Antonio Guillem/ Last month, JPMorgan analyst Kevin Yin lowered the firm’s price target on MINISO Group Holding Limited (NYSE:MNSO) to $16 from $26 previously and kept an Overweight rating on the shares. MINISO Group Holding Limited (NYSE:MNSO) retails and wholesales design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.