POP MART (09992) rose over 3%. As of this report, it has risen by 2.21%, priced at 95 HKD, with a transaction amount of 0.207 billion HKD.
According to Zhitong Finance APP, POP MART (09992) rose over 3%. As of this report, it has risen by 2.21%, priced at 95 HKD, with a transaction amount of 0.207 billion HKD.
Recently, seven departments, including the Ministry of Commerce, jointly issued the "Implementation Plan for the Innovation and Enhancement Project in the Retail Trade Industry." The plan proposes to promote digital empowerment, facilitate deep integration of physical retail and the digital economy, form new productive forces, improve efficiency, and make consumption more convenient. It encourages diversified innovation, supports the fusion of business formats, and allows various models such as "large and strong", "small and beautiful", "special and精" and "one store with multiple functions" to flourish. It aims to enhance supply chain efficiency, encourage strengthened collaboration, optimize circulation channels, efficiently connect supply and demand, and promote cost reduction and efficiency enhancement.
Citi International issued a report stating that next year, the market's focus will still be on how and when the government will introduce policies to boost consumption. The bank noted that although there are still growth opportunities in the domestic market, it believes that the demand for innovation in discretionary consumer industries will further increase. At the same time, international markets may present easily accessible opportunities for leading Chinese companies. The CSI China Mainland Consumer Index prefers POP MART and similar companies because they have advantages in innovation and exposure in overseas markets.