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<Research>Citi Keeps Constructive View on POP MART's Growth Momentum
Citi has released a report attributing the recent weakness in POP MART (09992.HK)'s share price to market concerns over two issues: the decline in LABUBU V3's second-hand p...
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<Research>Citi Keeps Constructive View on POP MART's Growth Momentum
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STOCK INFO

Citi has released a report attributing the recent weakness in POP MART (09992.HK)  +2.600 (+1.065%)    Short selling $417.74M; Ratio 6.292%   's share price to market concerns over two issues: the decline in LABUBU V3's second-hand prices and the People's Daily (June 20) calling for stricter regulation of blind cards and blind boxes.

In Citi's opinion, the People's Daily article is mainly a reminder not to make impulsive purchases as these products are very popular among minors, while POP MART's main customer base is adults. Consequently, the broker maintained a constructive view on POP MART's growth momentum. The share price correction has also presented more buying opportunities.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-23 16:25.)

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