MINISO CFO bought 150,600 shares

What happened

MINISO Group Holding Ltd (NYSE: MNSO) filed a Form 4 showing VP and Chief Financial Officer Jingjing Eason Zhang bought 150,600 shares on 2026-09-29.

The filing says the shares were bought in multiple open-market transactions in Hong Kong at HK$17.55 to HK$18.03 per ordinary share.

It gives a weighted average price of $2.26 after conversion at HK$7.8439 to US$1.00. Zhang held 394,474 shares after the trade.

The filing also says 174,074 ordinary shares were held in the form of American depositary shares. Each ADS represents four ordinary shares.

Key numbers

Metric	Latest	Change	Source
Shares bought	150,600 shares		SEC Form 4
Purchase price per share	$2.26		SEC Form 4
Total value	about $340,100		SEC Form 4
Shares held after purchase	394,474 shares		SEC Form 4
Buy as share of pre-trade holding	61.8%		Calculated from SEC Form 4

Read more: MINISO Group Holding (MNSO) stock analysis and investment case

Why it matters

OptimistFi's case is that MINISO converts a low-cost lifestyle brand, broad franchise footprint and global sourcing into high-margin, cash-generative retail growth.

Zhang's open-market buy supports that case because the CFO added 150,600 shares and ended with 394,474 shares on the record.

OptimistFi's calculation shows the purchase was 61.8% of Zhang's holding before the trade. That makes the buy large relative to the base it was added to.

The filing says the reported price was a weighted average from multiple open-market purchases in Hong Kong, not a single block.

The filing also says the corresponding ordinary shares were bought at prices denominated in Hong Kong dollars, with the weighted average converted at HK$7.8439 to US$1.00.

The filing also says 174,074 ordinary shares were held in the form of American depositary shares. Each ADS represents four ordinary shares.

The Hong Kong price range and the exchange rate provide the trail from local trading to the dollar value reported here.

That leaves a dated ownership snapshot the market can compare with later filings and operating reports. The form also identifies Zhang as an officer, which makes the purchase more relevant than a trade by an outside holder.

Related: MINISO Sales Rise, but Expansion Costs Squeeze Profit

What's next

The filing leaves Zhang's 394,474-share stake as the current public baseline, including 174,074 ordinary shares held through ADSs.

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