Why is MINISO Group Holding Ltd (HKSE: 9896.HK) stock down today?

9896.HK on the HKSE is down -2.52% at $23.96 today, with price action that suggests selling interest.

What moved MINISO Group Holding Ltd (HKSE: 9896.HK) stock today?

Today's move in 9896.HK on the HKSE came alongside volume -31.48% below average and a day range of $23.58–$24.58.

How much did MINISO Group Holding Ltd's (HKSE: 9896.HK) volume change today?

9896.HK's volume on the HKSE was 2.95M, -31.48% below its average.

Is MINISO Group Holding Ltd (HKSE: 9896.HK) breaking a resistance level?

9896.HK on the HKSE is trading below its 50-day MA ($24.91) and below its 200-day MA ($33.72), which points to short-term and long-term weakness.

Why Is MINISO Group Holding Ltd (HKSE: 9896.HK) Stock Up Today?

Live update on 9896.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

9896.HK●HKSE

Consumer CyclicalSpecialty Retail

HK$23.96

HK$0.62(2.52%)

Hong Kong Market opens in 19h 6m

9896.HK is Down -2.52% today

You might want to check out Why is 9896.HK Down Today?

MINISO Group Holding Ltd (HKSE: 9896.HK) Update

Volume (Unusual)

2.95M

↓ 31.00%

Open / Previous Close

$24.58 / $24.58

Day Range (Low / High)

$23.58 - $24.58

MINISO Group Holding Ltd (HKSE: 9896.HK) Summary

MINISO Group Holding Ltd (HKSE: 9896.HK) is trading down -2.52% at $23.96, reflecting a negative shift in investor sentiment today. The stock opened at $24.58 and has moved between $23.58 and $24.58 so far.

Trading volume is 2950985, which is 31% below its average, and the price action suggests selling interest.

Technically, 9896.HK on the HKSE is trading below its 50-day moving average of $24.91 and below its 200-day moving average of $33.72, indicating short-term and long-term weakness.

Meyka's AI assigns 9896.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +32.10% in 1 month ($31.65), +43.11% in 1 year ($34.29), and -11.96% in 5 years ($21.09).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the HKSE.
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9896.HK (HKSE) Technical Signals

Trading below 50-day moving average ($24.91)

Trading below 200-day moving average ($33.72)

Analyst Recommendations data is not available for 9896.HKAnalyst Recommendations details for 9896.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$31.65

1 Year

$34.29

3 Years

$27.75

5 Years

$21.09

Good66.00

Is this change significant?

5-Day:-4.16%

1-Month:+8.81%

3-Month:-19.22%

What's next?

Next earnings date: 7/30/2025