On Tuesday, miniso (MNSO.US) rose rapidly, up 4.78% to $17.55 as of press time.
According to the intelligence finance and economics APP, on Tuesday, miniso (MNSO.US) rose rapidly, up 4.78% to $17.55 as of press time. On the news front, an analyst at Citigroup wrote in a report that thanks to the strong growth in overseas markets, miniso's third-quarter revenue may increase by 20% year-on-year. Due to the restocking needs of overseas distributors, especially before the holiday season in the fourth quarter, Citigroup expects significant growth in miniso's overseas store sales. With the increase in sales contribution from IP commodities, the company's gross margin for the quarter may further expand.