MINISO Shares Fall After HSBC, Citigroup Downgrades
MT newswire2026/08/31 19:15Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:15 PM EDT, 08/31/2026 (MT Newswires) -- MINISO (MNSO) shares were down nearly 10% in Monday trading after HSBC and Citigroup downgraded the stock and lowered their price targets. HSBC downgraded MINISO to hold from buy and adjusted its price target to $10.80 from $18.10, while Citigroup now rates the stock at neutral instead of buy with a $11.30 price target, down from $18.10. Intraday trading volume stood at about 2 million shares against a daily average of roughly 722,000. Price: 9.30, Change: -1.04, Percent Change: -10.02
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