MINISO Group Holding Limited

Johnson Fistel, World Renowned Law Firm, Encourages MINISO Shareholders with Losses to Contact the Firm Regarding Investigation

Shareholder rights law firm Johnson Fistel, LLP ( is investigating whether MINISO Group Holding Limited (“MINISO” or the “Company”) (NYSE: MNSO), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focus on investors’ losses and whether they may be recovered under the federal securities laws.

What if I purchased MINISO common stock? If you purchased MINISO common stock and suffered significant losses on your investment, join our investigation now:

Or for more information, contact Jim Baker at or (619) 814-4471

There is no cost or obligation to you.

What is Johnson Fistel investigating? On July 26, 2022, Blue Orca released a short report regarding MINISO’s operations. Blue Orca stated “MINISO Lies about its Core Business Model. MINISO’s value proposition to investors is that it allegedly operates an asset-light, high-margin independent franchise model. Supposedly, this enables the Company to expand quickly while minimizing upfront capital costs. In theory, this also allows MINISO to generate high margins without the operating expenses and complexity which drag down profitability at traditional retailers. We think that this foundational narrative is a lie.” Additionally, Blue Orca alleged that IPO proceeds were siphoned by Chairman through a crooked headquarters deal.”

What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or

Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471