MINISO Group Holding (MNSO) Shares Soar 0.53% on Upgrade, Institutional Buying

MINISO Group Holding (MNSO) shares surged 0.53% today, marking the second consecutive day of gains, with a total increase of 2.86% over the past two days. The stock price reached its highest level since March 2025, with an intraday gain of 1.92%.

The strategy of buying MNSO shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized gain. However, the Sharpe ratio was low at 0.63, indicating that the risk-adjusted returns were modest. The strategy underperformed the market slightly, with a beta of 1.02, suggesting that it was slightly more volatile than the overall market.

MINISO Group Holding ADR (MNSO) saw a positive adjustment to its Relative Strength (RS) Rating, rising from 68 to 74. This enhancement in the RS Rating suggests stronger performance relative to the market, which could boost investor sentiment and drive the stock price higher.

HSBC Global Res upgraded MINISO Group shares to a "strong-buy" rating in a recent research report. Such upgrades often bolster investor confidence, potentially leading to an increase in the stock price.

Tairen Capital Ltd significantly increased its holdings in MINISO Group Holding Limited by 211.7% during the fourth quarter. This substantial increase in stake by an institutional investor signals confidence in the company's future prospects, which could positively impact its stock price.