MINISO Group Holding Ltd
MINISO Group Holding Ltd (HKSE: 9896) is trading at HK$17.98, about ₹220 at today's HKD/INR rate, as of 29 Sep 2026, 4:08 AM ET, up 3.33% today. Indian residents can buy MINISO Group from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$17.31
Today's high
HK$18.03
52 week low
HK$16.84
52 week high
HK$45.78
9896 opened at HK$17.48, closed previously at HK$17.40, and has traded between HK$16.84 and HK$45.78 over the past 52 weeks.
About
MINISO Group Holding Limited operates as an investment entity, primarily focused on the global retail and wholesale distribution of lifestyle items and popular toy products. Its expansive portfolio features a broad range of categories under the MINISO brand, including household decorations, compact electronics, textiles, fashion accessories, beauty tools, playthings, cosmetics, personal care products, snacks, fragrances, and stationery and gift selections. Furthermore, its TOP TOY brand specializes in trending collectibles like mystery boxes, building blocks, model figures, and collectible dolls, among other sought-after toys. The company also engages in brand licensing activities and manages a distinctive character-themed store in Vietnam. Established in 2013 and headquartered in Guangzhou, China, MINISO's market reach extends throughout China, other parts of Asia, the Americas, Europe, and Indonesia.
Key statistics
Avg. volume
4.84M
Market cap
HK$21.95B
P/E Ratio
15.68
Price-to-sales ratio
0.87
Enterprise value
CN¥25.01B
Free cash flow yield
-7.33%
Debt-to-equity ratio
1.05
Return on equity
14.11%
ROIC
8.43%
Beta
0.08
Dividend yield
7.26%
Last dividend
HK$1.30
Financial overview
Revenue
CN¥21.44B
Earnings per share
CN¥0.98
Free cash flow
-CN¥1.38B
Net profit margin
5.62%
Gross margin
44.99%
EBITDA
CN¥3.60B
Revenue growth
26.18%
Similar securities
This is not an investment recommendation
How to buy MINISO Group from India
Indian residents can buy MINISO Group shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for MINISO Group and place an order
Find MINISO Group by name or by its ticker, 9896, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. MINISO Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MINISO Group position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in MINISO Group from India
Trading and taxes when buying MINISO Group from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. MINISO Group’s current yield is 7.26%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy MINISO Group stock?
Yes. MINISO Group (9896) has been listed on the Hong Kong Stock Exchange since 2022, in the Specialty Retail industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one MINISO Group share cost in rupees?
One MINISO Group share is HK$17.98 — about ₹220 at an HKD/INR rate of 12.25 on 28 Sep 2026. Both the MINISO Group price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MINISO Group from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of MINISO Group?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on MINISO Group shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the MINISO Group price. Paasa issues a capital-gains statement for your return.
Does MINISO Group pay a dividend, and how is it taxed in India?
Yes. MINISO Group pays a dividend and the current yield is 7.26%; the last declared dividend was HK$1.30 per share, about ₹15.99. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MINISO Group from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is MINISO Group a Hong Kong SAR China company, and does that change how it is taxed?
MINISO Group trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. MINISO Group trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare MINISO Group shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MINISO Group holding, its cost and its closing value.
How do I sell MINISO Group and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.