Understanding the Market | POP MART rises over 3% as plush toy sales revenue increases significantly year-on-year; institutions are optimistic about the company's internationalization and new product releases
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POP MART's stock price rose by over 3%, closing at HKD 199.5, with a trading volume of HKD 537 million. Zhongyou Securities pointed out that the third-generation PVC plush product "High Energy Ahead" launched by POP MART's IPLABUBU has been highly sought after by young people worldwide, with sales revenue in the plush category increasing significantly year-on-year. It is expected that by 2025, the company will continue to enhance its international business, focusing on the U.S. and European markets, while also promoting new business expansion and cost control
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