2025年6月9日星期一 ➢ 中美即将谈判；美非农就业超预期。 A 股 走 强 。 上 证 指 数 涨 0.04% 报 3385.36点，深证成指跌0.19%，创 业板指跌0.45%。有色金属涨幅居前。 港股高开低走。、香港恒生指数跌 0.48%报23792.54点，恒生科技指数 跌 0.63% ， 恒 生 中 国 企 业 指 数 跌 0.63%。稳定币概念股走低；有色金 属板块上涨，医药股走高。大盘成 交2356.22亿港元。外盘方面，欧洲 三大股指收盘涨跌不一。美国三大 股指全线收涨，道指涨1.05%，标普 500指数涨1.03%报6000.36点，纳指 涨1.2%。中美官员周一将举行新一 轮贸易会谈，稀土问题料成为谈判 焦点。美国非农就业数据好于预期， 特朗普仍呼吁降息1个百分点。 资料来源：彭博 | 23792.54 | | --- | | 23800 | | 24235 | | 23494.70 | | 22685.84 | | 20875.13 | | 59.37 | 183 35 3511-15 XIN YONGAN INTERNATIONAL FINANCIAL HOLDINGS LIMITE ...

Core Viewpoint - Miniso (09896.HK) is considering a potential spin-off of its "TOP TOY" brand for independent listing to optimize shareholder value, although the plan is in preliminary stages and dependent on various factors including market conditions [1][4]. Company Summary - Miniso has engaged JPMorgan and UBS to assist with the potential IPO of TOP TOY in Hong Kong, aiming to attract new investments from sovereign wealth funds and other potential investors before selling shares [4]. - TOP TOY, established in December 2020, operates as a trendy toy collection store, offering licensed IP toys, proprietary IP toys, and third-party brand toys, with approximately 11,000 SKUs as of the end of last year [4][6]. - In 2024, TOP TOY's revenue is projected to grow by 44.71% to 984 million yuan, with GMV increasing by 41.04% to 1.148 billion yuan, and the company has achieved profitability for the year [6]. Industry Summary - The toy market is experiencing heightened interest, with competitors like Pop Mart and Blokus achieving significant market valuations, indicating a competitive landscape for TOP TOY [7]. - TOP TOY aims to open over 1,000 stores in 100 key global business districts within the next five years, with a target of 150 new stores in 2025, 100 of which will be in China [7].