Miniso Group Holding, a Chinese discount retailer selling branded lifestyle and home goods, raised $608 million by offering 30.4 million ADSs at $20, above the range of $16.50 to $18.50. At pricing, the company raised 14% more in proceeds than anticipated.
Miniso Group Holding plans to list on the NYSE under the symbol MNSO. Goldman Sachs and BofA Securities acted as joint bookrunners on the deal.