Understanding the Market | BLOKS rises over 3% as institutions indicate that its Q4 new product quantity and quality have further improved quarter-on-quarter

BLOKS rose over 3%, as of the time of writing, up 3.15%, priced at HKD 93.4, with a trading volume of HKD 64.5569 million. In terms of news, recently, BLOKS showcased numerous new products at the 2025 China Toy Expo. Over 100 products from multiple series were displayed at the exhibition, with more than 20 new products making their debut, covering nearly 30 world-renowned IPs such as Ultraman, Transformers, DC, Neon Genesis Evangelion, Hatsune Miku, Sanrio, and The Powerpuff Girls. ZHONGTAI SECURITIES pointed out that the quantity and quality of BLOKS' new products in Q4 have further improved compared to the previous quarter, suggesting to seize the Q4 new product catalyst opportunities, and to pay attention to the progress of expanding into adult and female markets in the medium term. Citigroup previously released a research report stating that BLOKS is accelerating the launch of new products, initiating a 30-day positive catalyst observation with a target price of HKD 128 and a rating of "Buy."