Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting

Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting

FILE PHOTO: The logo of Chinese low-cost lifestyle and consumer products retailer Miniso is pictured in Tokyo, Japan August 10, 2018. REUTERS/Kim Kyung-Hoon

Miniso Group Holding Ltd., a New York-listed Chinese take on Japanese retailer Muji, will go ahead with a second listing in Hong Kong next month, as more Chinese companies seek IPOs in the Asian tech hub to hedge against getting booted from US exchanges.

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