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

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

Source: Investing.com