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Shares of Miniso slump on plans to buy stake in Yonghui Superstores
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Shares of Miniso slump on plans to buy stake in Yonghui Superstores
Sep 29, 2024 7:12 AM

HONG KONG (Reuters) - Shares of Miniso Group Holding ( MNSO ) plunged 39% on Tuesday after the lifestyle products retailer said it would take up a 29.4% stake in Chinese supermarket operator Yonghui Superstores for 6.3 billion yuan ($893.05 million).

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