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<Research>Citi: LABUBU, Other New Products To Be Short-term Catalysts for POP MART (09992.HK)
POP MART (09992.HK) reported strong revenue growth of 165-170% YoY in 1Q25, far beating its guidance of an over 1x incline, mainly due to a low base in the same period of 2024, as ...
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<Research>Citi: LABUBU, Other New Products To Be Short-term Catalysts for POP MART (09992.HK)
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SHORT SELL
 
STOCK INFO

POP MART (09992.HK)  -3.000 (-1.516%)    Short selling $272.38M; Ratio 12.979%   reported strong revenue growth of 165-170% YoY in 1Q25, far beating its guidance of an over 1x incline, mainly due to a low base in the same period of 2024, as well as decent sales of new products such as Ne Zha and Crybaby, which drove the China/ overseas markets to surge around 1x/ 4.8x YoY, according to a research report issued by Citi Research.

LABUBU's third-generation new product series will be available online and offline in the near future. Citi Research projected that the new product launch will be a short-term catalyst for POP MART. Therefore, the broker rated POP MART at Buy, with a target price of $162.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-29 16:25.)

Related NewsNomura Elevates POP MART (09992.HK) TP to $204, Raises Sales/ Profit Forecasts

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