MINISO (MNSO) experienced a 6.4% rise in pre-market trading, reaching $16.13, following a "buy" rating from UBS. The firm highlighted the long-term appeal of popular intellectual properties, noting MINISO's successful product launches, including Chiikawa and Harry Potter, which are expected to boost customer loyalty. UBS set a target price of $26.5 for MINISO's U.S. stock, anticipating a 2025 price-to-earnings ratio of 18.