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<Research>UBS Reiterates POP MART (09992.HK) as Sector Top Pick w/ TP/ Rating at $329.2/ Buy
POP MART (09992.HK) has plunged by approx. 12% since its mid-June peak, mainly due to adjustments in the secondary market price, media commentary on blind boxes and the overall wea...
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<Research>UBS Reiterates POP MART (09992.HK) as Sector Top Pick w/ TP/ Rating at $329.2/ Buy
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STOCK INFO

POP MART (09992.HK)  -3.400 (-1.348%)    Short selling $241.24M; Ratio 11.855%   has plunged by approx. 12% since its mid-June peak, mainly due to adjustments in the secondary market price, media commentary on blind boxes and the overall weakness in the 'new consumption' sector, UBS released a research report saying.

The broker believed that the adjustment in secondary market prices is due to the company's proactive restocking efforts to combat scalpers, making it easier for consumers to purchase products.

Related NewsCiti Keeps Constructive View on POP MART's Growth Momentum
UBS believed that the company's 1H25 profit alert and the Labubu animation will be recent catalysts for its stock price. Therefore, the broker reiterated POP MART as its top pick in China's retail sector, with a target price of $329.2 and rating reiterated at Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-25 12:25.)

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