China listed stock

• The famous excellent product rose more than 1% in follow-up, and the intraday share price hit a new high yesterday

Yesterday$MINISO Group (MNSO.US) $The share price strengthened rapidly at the beginning of the session, breaking through $30 in intraday trading, hitting a new listing high, and finally closed up 6.49%. Continued to rise in after-hours trading, up 1.15%.

Tianfeng Securities said that MINISO Group's 90 per cent product cooperation with suppliers, a large area of single retail stores and plans to open stores in places such as Shenzhen before the Spring Festival will create online celebrity sign-in points in first-tier cities and grab consumers' attention. and then infiltrate through drones, online and traditional stores.

The performance of the new brand is hot, continue to be optimistic about the development of the fashion play industry, and pay attention to the changes in the competition pattern caused by the entry of new competitors.

• Sina fell slightly after trading.Shareholders vote to approve merger agreement with NEW WAVE

$Sina (SINA.US) $The company's shareholders voted to approve the merger agreement and plan with NEW WAVE, it said in an announcement. Upon completion of the transaction, Sina will become a privately held company and its common shares will no longer be listed or traded on any stock exchange.

Sina closed up 1.67% yesterday and fell slightly in after-hours trading.

On July 6, 2020, Sina announced that it had received a binding privatisation offer from New Wave MMXV Limited, controlled by Sina Chairman and CEO Chao Guowei, offering to buy all outstanding common shares of companies not yet held by New Wave at $41 a share in cash.

On September 28, 2020, Sina announced that it had agreed to be privatized at a price of US $43.3 per share.

• Wanda Sports closed up more than 11% yesterday, and the company announced that it is expected to be privatized and delisted on January 29.

Before the US stock market opened on Wednesday.$Wanda Sports (WSG.US) $Announces that the board of directors has agreed to delist from NASDAQ and that Wanda Sports & Media (Hong Kong) Holding Co. Limited will acquire all Class A shares of Wanda Sports.

Wanda Sports is expected to delist from the Nasdaq Stock Exchange on January 29, 2021.

According to foreign media reports, the price of privatization is US $2.55 / ADS.

Active after-hours US stocks

• "Sports Netflix Inc" FUBO ended five consecutive gains, closing down more than 15% yesterday.

"Netflix Inc in Sports"$fuboTV Inc. (FUBO.US) $Yesterday's pullback closed down more than 15% at $52.59. FuboTV had risen for five consecutive trading days and closed up more than 25 per cent the day before yesterday.

Needham, an investment bank, said in a research report that it raised the target price of sports streaming service FuboTV from $30 to $60.

Analysts at the bank believe the company will win market share from competitors and is likely to make higher profits once it launches sports betting.

• XL, a provider of electric vehicle technology, soared 86% yesterday, with Citron targeting a high price of $60.

Citron, a famous short seller, said on social media that it is doing more than electric vehicle technology providers.$XL FLEET CORP (XL.US) $The target price is $60. XL Fleet shares soared more than 80 per cent on the news.

Citron said that electrified as a service (EaaS) has great potential in the future, and the company already has a customer base including FedEx Corp, Coke, PepsiCo Inc, DHL and so on. XL Fleet had just completed the SPAC merger.