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<Research>BofAS Reiterates Buy on POP MART; 3Q Results Beat
Recommend 4 Positive 15 Negative 1 |
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POP MART (09992.HK) delivered sturdy 3Q25 results, with revenue spiking by 245-250% YoY, beating market forecasts, according to a BofA Securities research report. Although POP MART's 3Q25 performance was partially influenced by pre-sales from 2Q25, its strong data should alleviate market concerns about its growth momentum. Looking ahead to 4Q25, BofA Securities estimated POP MART to continue launching new products, which would become its main driver. It reiterated a Buy rating on POP MART, with a target price of HKD400. AAStocks Financial News |
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