Everbright Securities: Maintains "Buy" rating on MINISO (09896.HK), same-store efficiency improvement + overseas recovery + IP volume growth

Zhitong Finance APP has learned that Everbright Securities issued a research report stating that, considering the company's 26Q3 performance is broadly in line with guidance, the quality of growth continues to improve, and the three major growth logic points are steadily being delivered, it maintains MINISO's (09896.HK) forecasted net profit attributable to shareholders for 26-28 at RMB 2.738/3.176/3.504 billion. The current share price corresponds to 2026-2028 PE of 7x/6x/6x, and the "Buy" rating is maintained.