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<Research>DBS Initiates Rating Buy on POP MART w/ TP HKD312
Fueled by strong demand for its IPs such as Labubu and Molly, POP MART (09992.HK) is expected to log a growth of over 1.4 times and 1.8 times in its 2025 revenue and earnings, acco...
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<Research>DBS Initiates Rating Buy on POP MART w/ TP HKD312
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Fueled by strong demand for its IPs such as Labubu and Molly, POP MART (09992.HK)  -5.200 (-1.917%)    Short selling $103.20M; Ratio 5.816%   is expected to log a growth of over 1.4 times and 1.8 times in its 2025 revenue and earnings, according to a report from DBS Group Research.

Amid potential short-term headwinds like income concentration, regulatory risks, and operational challenges, POP MART's stock price may hinge on the company's ability to transform its core IPs into sustainable cultural icons, but the broker believed that the company's diversified product portfolio, scalability, and innovative business model could build a solid mid-term outlook to offset upcoming risks.

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Based on its growing influence in popular culture and robust mid-term prospects, DBS Group Research initiated a Buy rating on POP MART with a target price of HKD312.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-12 16:25.)

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