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MINISO Group Holding Limited (NYSE:MNSO) is one of the 10 Fastest Growing Asian Stocks to Buy Now.

On June 29, 2026, MINISO Group Holding Limited (NYSE:MNSO) announced a new share repurchase program. Under the program, the company may repurchase up to HKD 2B of its outstanding ordinary shares and/or American depositary shares from the open market over a 12-month period starting June 30. Miniso expects to fund the repurchases from surplus cash on its balance sheet.

Earlier in June, MINISO Group Holding Limited (NYSE:MNSO) CEO and founder Ye Guofu disclosed the purchase of 2.1M shares at prices between $3.27-$3.25 for a total amount of $6.9M. The stock was up 15c to $13.68 in premarket trading.

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Last month, JPMorgan analyst Kevin Yin lowered the firm's price target on MINISO Group Holding Limited (NYSE:MNSO) to $16 from $26 previously and kept an Overweight rating on the shares.

MINISO Group Holding Limited (NYSE:MNSO) retails and wholesales design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

While we acknowledge the potential of MNSO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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