Pop Mart (09992) is now up more than 5%, as of the time of publication, up 5.04%, at 73.1 Hong Kong dollars, with a turnover of 0.226 billion Hong Kong dollars.
According to the Wise News Finance APP, Pop Mart (09992) is now up more than 5%, as of the time of publication, up 5.04%, at 73.1 Hong Kong dollars, with a turnover of 0.226 billion Hong Kong dollars.
On the news front, from November 5th to 10th, the 7th China International Import Expo is being held at the National Exhibition and Convention Center in Shanghai. Pop Mart will make its first appearance at the Import Expo Consumer Goods Zone 5.1H Hall B2-B5 booth, showcasing a large number of classic trendy toys such as MOLLY, THE MONSTERS, PUCKY, CRYBABY, and Peach Riot from various IPs, as well as many innovative product categories developed around IPs.
It is worth noting that Pop Mart recently released a third-quarter performance forecast. Revenue is expected to increase by 120%-125% year-on-year, with Mainland China revenue up by 55%-60% year-on-year, and revenue from Hong Kong, Macau, Taiwan, and overseas up by 440%-445% year-on-year, far exceeding expectations. Credit Suisse stated that Pop Mart has a strong product line, and the market has responded well to its new product launches. Credit Suisse forecasts a 116% increase in fourth-quarter sales.