Young consumers queuing to buy designers toys in Miniso’s new designers toy store Toptoy in Guangzhou on August 27, 2019. Photo: Handout
Miniso prices Hong Kong listing at HK$13.8 per share, raising a less-than-expected US$72 million after its US shares fell
- Miniso set its Hong Kong IPO price at HK$13.8 each, a 9-per cent discount to the Wednesday close of its New York-traded stock
- The Guangzhou-based retailer will issue 41.1 million shares to retailers, which will start trading in Hong Kong on July 13 under the stock code 9896
Young consumers queuing to buy designers toys in Miniso’s new designers toy store Toptoy in Guangzhou on August 27, 2019. Photo: Handout