GUANGZHOU -- Miniso Group Holding, a Chinese operator of variety stores with a Japanese aesthetic, debuted on the New York Stock Exchange in an share sale that valued it at more than $6 billion.
The retailer sold 30.04 million American depositary shares Thursday at $20 each in its initial public offering, raising $608 million that will go toward expanding the chain as well as other investments such as improvements to its distribution network.
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