Boqii Holding shares rise 19.50% after-hours as strategic repurchase and VIE termination drive restructuring.

think> Okay, let's tackle this. The user wants me to act as a financial analyst explaining a stock price movement based on news events. The stock in question is Boqii Holding (BQ), which had a 19.5% after-hours increase. The input includes three news events, each detailing a strategic repurchase and VIE termination. First, I need to determine the direction and session. The stock moved up 19.5% after hours. Then, evaluate the relevance of each news event. All three reasons mention the repurchase of a 14.5% stake in a biotech subsidiary for $1.76 million and termination of VIE arrangements. These seem directly related to the stock's movement. Next, assess if the events are bullish or bearish. The repurchase and deconsolidation of VIEs are typically seen as positive because they can streamline operations, reduce regulatory risks, and improve transparency. The stock's surge aligns with these positive actions. The percentage gains in each news (26%, 26.5%, 18%) are all positive, so they support the bullish movement. Now, I need to write a concise summary. The key points are the after-hours 19.5% increase, the repurchase of the stake, and the termination of VIEs. The reason for the move is the strategic restructuring to reduce complexity and regulatory risks, which investors view positively. Check for any contradictions or unrelated events. All three news events are about the same company and the same strategic moves, so they are all relevant and consistent. No conflicting information here. The backtests and sector info in the news might be extra details but the core reason is the same across all three. Make sure to round 19.5% to two decimals, which would be 19.50% but since the instruction says to remove trailing zeros, it's 19.5%. Wait, the example shows 4.23% so two decimal places. The input says 19.5%, so round to 19.50% but the example shows 4.23% which is two decimals. The instruction says to round to two decimal places and remove trailing zeros. So 19.5% becomes 19.50% but trailing zero after decimal can be omitted? Wait, the example shows 4.23% as "4.23%", but the input had a longer decimal. The instruction says to round to two decimal places and remove trailing zeros. So if the input is 19.5%, that's 19.50% when rounded to two decimals, but since the .50 has a trailing zero, we remove it to make it 19.5%. Wait, maybe the user meant to round to two decimal places, but if the number is exactly at .5, like 19.5%, then it's already two decimal places (19.50%) but the example shows 4.23% which is two decimals. So perhaps in this case, 19.5% is written as 19.50%, but since the instruction says to remove trailing zeros, it becomes 19.5%. Wait, the example shows "4.23%" as the output, which is two decimals. So maybe the input is given as 19.5% and needs to be rounded to two decimals, which would be 19.50%, but the instruction says to remove trailing zeros, so it's 19.5%. Wait, but 19.5 is one decimal place. Hmm, maybe there's a mistake here. The user says "Round 19.5% to two decimal places and remove trailing zeros." So if the input is 19.5%, rounding to two decimals would be 19.50%, but removing trailing zeros would make it 19.5%. So the correct way is to present it as 19.5%. However, the example shows "4.23%" which is two decimals. But the instruction says to round to two decimal places and remove trailing zeros. So perhaps the user wants to present it as 19.50% but without the trailing zero, so 19.5%. Wait, but 19.5% is one decimal place. Maybe the user made a mistake here. But following the example, "4.23%" is two decimals. So maybe the user intended to have two decimal places but in the example, the input had a longer decimal. The input here is 19.5%, which is already one decimal place. So perhaps the correct way is to present it as 19.50% but the instruction says to remove trailing zeros. So the correct output would be 19.5%. Now, the summary needs to mention the after.