9896
vs
Hang Seng (Hong Kong)
Over the past 12 months, has underperformed Hang Seng (Hong Kong), delivering a return of -15% compared to the Hang Seng (Hong Kong)'s 33% growth.
Stocks Performance
9896 vs Hang Seng (Hong Kong)
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9896 vs Hang Seng (Hong Kong)
Performance By Year
9896 vs Hang Seng (Hong Kong)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
MINISO Group Holding Ltd
Glance View
MINISO Group Holding Ltd., founded in 2013 by Chinese entrepreneur Ye Guofu, has rapidly become a prominent player in the global retail landscape, carving a niche with its unique blend of affordability, quality, and design-centric products. This lifestyle retailer has successfully tapped into the zeitgeist by offering a wide array of consumer goods spanning homeware, electronics, toys, cosmetics, and even snacks. By drawing inspiration from the aesthetics of minimalism, popularized by Japanese culture, MINISO creates an appealing shopping experience focused on affordable luxury. The company's business model thrives on the synergy between product design innovation and agile supply chain management. This dynamic approach helps MINISO keep costs low while maintaining swift inventory turnover, capturing a diverse customer base worldwide. The company conducts its business primarily through a franchise model, establishing a physical presence in over 90 countries by the end of 2022, expanding its global retail footprint with thousands of stores. This franchise model not only enables rapid international expansion but also mitigates operational risks and capital expenditure. With minimal investment in store operations, MINISO focuses on its core competencies—product development, supply chain logistics, and brand marketing. By operating as a hub of creativity, it capitalizes on collaborations with popular brands to release themed product lines that further drive customer engagement and revenue. These strategies, combined with its attractive pricing policy, ensure MINISO remains adaptive and competitive, anchoring its position as a go-to destination for budget-conscious shoppers seeking trendy, everyday items.
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