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<IPO>MNSO Mulls to Spin Off Trendy Toy Brand 'TOP TOY' for US$300M HK IPO: Wire
MNSO (09896.HK) (MNSO.US) is considering spinning off its trendy toy brand TOP TOY for a Hong Kong listing, Bloomberg News reported, citing sources.It is understood that MNSO is cu...
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<IPO>MNSO Mulls to Spin Off Trendy Toy Brand 'TOP TOY' for US$300M HK IPO: Wire
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MNSO (09896.HK)  +0.100 (+0.307%)    Short selling $15.83M; Ratio 11.696%   (MNSO.US)      is considering spinning off its trendy toy brand TOP TOY for a Hong Kong listing, Bloomberg News reported, citing sources.

It is understood that MNSO is currently in discussions with potential advisory firms regarding the IPO, which is expected to raise around US$300 million.

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MNSO's 3Q24 financial report indicated that there were 234 TOP TOY stores located in cities such as Beijing, Shanghai, Guangzhou, Shenzhen, and Chengdu as of the end of September 2024. Revenue from TOP TOY in 1-3Q24 surged by 42.5% YoY to over RMB700 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-25 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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