BofA Securities released a research report raising its 2025/ 2026 non-IFRS net profit forecasts for POP MART (09992.HK) +8.888 (+4.120%) Short selling $170.98M; Ratio 11.050% by 5%/ 6% each, and elevating its target price by 17% to $275, from $236. The broker also changed its valuation basis from a mix of 2025/26 to 2026 as it believed that POP MART is still at an early stage of rapid growth and 2026 will better reflect its profitability.Related NewsM Stanley's Latest Focus List for H Shrs, CN ADRs, A Shrs (Table)POP MART remains one of the broker's top picks in the China consumer goods sector. Having become a viral hit in overseas markets after the launch of Labubu 3.0, opening new stores in high-profile locations, launching new IP/ product and adding celebrity endorsements through social media could be catalysts for the future. Therefore, the broker rated POP MART at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)