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POP MART Opens 4%+ Higher; Co-branded Trendy Phone with HONOR Reportedly Being Sought After on 2nd-Hand Platforms
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POP MART (09992.HK) opened 4.3% higher this morning (26th) at HKD229, with a pre-market trading volume of 981,900 shares, involving HKD222 million. The HONOR 500 Pro Molly 20th Anniversary Limited Edition (16GB + 512GB), a co-branded "trendy phone" between POP MART and HONOR, went on sale yesterday (25th) at 10:08 am. It is priced at RMB4,499, but it could drop to RMB3,999 with China's national subsidies. According to Chinese media reports, this phone is in red-hot demand not only on online platforms but also at physical stores. Some second-hand trading platforms are said to have already seen purchase requests from users. AAStocks Financial News |
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