BRIEF: Miniso hires underwriters for Top Toy IPO
Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) plans to spin off its Top Toy unit for a separate Hong Kong listing, and has hired JPMorgan and UBS to underwrite the…
Game time for another IPO hopeful in China’s booming toy market
A maker of collectible figurines, 52Toys, is lining up to test investor enthusiasm for play-related stocks after the runaway success of Pop Mart Key Takeaways: 52Toys has posted losses for…
Miniso struggles to impress investors, even with a successful ‘toy story’
The company is finding success with its Top Toy business and overseas expansion, while its core traditional retail segment has become a drag Key Takeaways: Miniso’s newer chain of Top…
Impulse-Buying Specialist Miniso Embarks on Major Toy Play
Mini-store operator plans big move into pricier toys and collectibles with launch of Top Toy chain Key points: Miniso is moving aggressively into specialty toy shops with its new Top…
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