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Shares of Miniso slump on plans to buy stake in Yonghui Superstores

HONG KONG : Shares of Miniso Group Holding plunged 39 per cent on Tuesday after the lifestyle products retailer said it would take up a 29.4 per cent stake in Chinese supermarket operator Yonghui Superstores for 6.3 billion yuan ($893.05 million).

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