MINISO Boosts Creative Lineup With Artist Collaborations

MINISO Group Holding Limited (NYSE:MNSO) is among the under-the-radar dividend stocks benefiting from AI. MINISO Group Holding Limited (NYSE:MNSO) has unveiled an in-house proprietary IP incubation plan to support its intellectual property portfolio and thus advance its growth prospects. In line with its strategy, the giant has collaborated with as many as nine artists to create new designs and collections.

Since June, YOYO, one of the new IPs, has gained customer traction, with sales both online and in-store. As soon as YOYO expands internationally, MINISO Group Holding Limited (NYSE:MNSO) will leverage the momentum. What’s even more interesting is that the company’s other IPs, including DUNDUN Chicken, PenPen Penguin, Gift Bear and Friends, have contributed significantly to its growth.

Why MINISO Group Holding Limited (MNSO) Crashed On Friday

If we consider the latter alone, Gift Bear and Friends has generated more than $28.1 million in sales since its reveal in October 2023. As cited by CEO Ye Guofu,

Our investment in proprietary IP is not a short-term commercial strategy, but a long-term commitment rooted in emerging trends.

MINISO Group Holding Limited (NYSE:MNSO) is a Chinese investment holding company engaging in retail and wholesale of design-led lifestyle and pop toy products, including home decor products, accessories, beauty tools, and toys. Founded in 2013, the company also owns a character-themed store in Vietnam.

While we acknowledge the potential of MNSO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNSO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.