CCBI released a research report initiating coverage on POP MART (09992.HK) -4.600 (-2.044%) Short selling $163.51M; Ratio 5.693% , with rating at Outperform and a target price of $256, corresponding to a projected PE ratio of approx. 50x for the next 12 months. The Company is forecasted to have a positive earnings growth outlook, with a predicted CAGR of 38%/ 44% for revenue/ earnings from 2025 to 2027.Related NewsM Stanley's Latest Focus List for H Shrs, CN ADRs, A Shrs (Table)POP MART's new products can sustainably drive growth, coupled with ongoing global market expansion, the broker added. It is anticipated that more than 35 stores and 20 unmanned stores have been opened YTD, and the target of opening 100 overseas stores this year is believed to be achievable. Currently, CCBI estimated a revenue/ earnings growth of 66%/ 82% each for FY2025. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-30 16:25.)