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HSI1 | 24,474.32 | -43.44 | 207.72B |
HSCEI1 | 8,843.24 | -18.15 | 62.69B |
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2025-07-16 15:38:19 POP MART (09992.HK) has issued a positive profit alert yesterday (15th) forecasting its 1H25 revenue/ net profit to grow by no less than 200%/ 350% YoY, according to a report from BOCI. Seeing that its popular IP product Labubu has become a global sensation, BOCI believes the company's strong performance was supported by increased brand awareness, successful expansion in North American and European markets, and operational leverage effects, while other IP products were also gaining popularity. BOCI reiterated a Buy rating on POP MART, while raising its 2025-26 core earnings forecasts by 55% and 54% as well as its target price from HKD192.1 to HKD335.8. ~ AAStocks Financial News Web Site: www.aastocks.com |