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<Research>JPM Elevates POP MART (09992.HK) TP to $330, Reaffirms Sector Top Pick, Places on Positive Catalyst Watch
JPMorgan released a research report saying that it is impressed by the rapidly growing brand heat and consumer demand for POP MART (09992.HK)'s IP products Labubu and Crybaby g...
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<Research>JPM Elevates POP MART (09992.HK) TP to $330, Reaffirms Sector Top Pick, Places on Positive Catalyst Watch
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JPMorgan released a research report saying that it is impressed by the rapidly growing brand heat and consumer demand for POP MART (09992.HK)  -12.400 (-4.988%)    Short selling $413.96M; Ratio 6.485%   's IP products Labubu and Crybaby globally.

The broker elevated its target price for POP MART from $250 to $330, with rating at Overweight, based on a 1.5x PEG, a 20% discount to the industry peers' market-cap-weighted average PEG of approx. 1.9x.

Related NewsM Stanley Lays Out Latest HK Stock Focus List, Excluding POP MART (Table)
JPMorgan placed POP MART on its positive catalyst watch list, predicting a profit of RMB3.5 billion in 1H25, exceeding the full-year profit for 2024, and reaffirmed the stock as its top pick in China's consumer goods sector.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-19 16:25.)

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