HSPOMRT@EP2612A (13173.HK) Latest News & Headlines | Longbridge

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Weekly Recap | POP MART this week, earnings miss and downgrade wave
Weekly Review·1 day ago, 11:29 PM
- Pop Mart reported 2026 first-half net profit and revenue of 5.16 billion RMB and 17.17 billion RMB respectively, both up 23.8% year-on-year but missing market expectations. - The company's share price dropped to 149.00 HKD as management lowered the full-year revenue growth target and multiple institutions cut their ratings and target prices. - To counter the downward pressure, the company announced a share buyback plan of 2 billion to 5 billion RMB, while core IP products maintained strong consumer demand.
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Citi Keeps Their Buy Rating on Pop Mart International Group Limited (735)
Tip Ranks·1 day ago, 07:26 PM
- Citi maintained a Buy rating on Pop Mart International Group Limited and set a price target of HK$ 198.00. - The company currently holds an analyst consensus rating of Hold alongside a consensus price target of € 17.97. - This evaluation reflects ongoing market assessments of the company's stock performance and investment potential.
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Pop Mart May Miss 20% 2026 Growth Target as Overseas Sales Slump, CEO Says
Yicai·2 days ago, 05:03 AM
- Pop Mart International Group CEO Wang Ning stated that the company may miss its 20 percent growth target for 2026 due to a sharp decline in overseas revenue. - The firm reported a 23.8 percent overall revenue increase to CNY 17.1 billion in the first half, while international revenue dropped 11.6 percent to CNY 5 billion. - To counter cooling overseas demand for flagship intellectual properties like Labubu and offset rising costs, Pop Mart plans a share buyback program of up to CNY 5 billion.
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HSI Finishes Up 310 Pts; BABA-W, POP MART Dive 2-3%; HENDERSON LAND Swells 7%
AASTOCKS News·2 days ago, 03:51 AM
- The Hong Kong Hang Seng Index closed up 310 pts or 1.21% at 26,009, with a full-day turnover of HKD 257.277 billion. - Major tech and blue-chip stocks experienced mixed performances driven by corporate earnings reports and broker ratings, with BABA-W down 2.54% and HENDERSON LAND surging 7.17%. - Resource, metal, and gold stocks thrived significantly as spot gold stabilized above USD 4,500 per ounce, propelling gold-related equities higher.
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Top 5 HK Stock Gainers/Losers (>100B) (8.21)
Top Gainers&Losers·2 days ago, 03:31 AM
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HK Stocks: Hang Seng Rallies 1.21% to Reclaim 26,000; Gold Miners Soar, Zhipu and MiniMax Jump Over 10%
Market Pulse·2 days ago, 03:20 AM
- On August 21, Hong Kong stock indices closed higher collectively, with the Hang Seng Index rising 1.21% to 26009.46 points and a total turnover of 2573 billion HKD. - Gold and non-ferrous metal stocks surged across the board driven by rising international gold prices, while AI concept stocks rallied ahead of the Hang Seng index review. - Insurance and software service stocks strengthened on positive financial results, whereas biomedical and new consumer stocks experienced pullbacks.
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HSBC Research Cuts POP MART TP to HKD136.5 on Earnings Miss
AASTOCKS News·2 days ago, 01:51 AM
- HSBC Global Investment Research cut POP MART's target price from HKD168.9 to HKD136.5 and maintained a Hold rating following a 2Q revenue miss. - The company's 1H net profit fell 13% below expectations due to a sharper-than-expected decline in overseas markets and slowing domestic sales. - The broker lowered its 2026 net profit forecast to RMB10.452 billion while noting that a share buyback plan and net cash support shareholder returns.
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HK Stocks Midday: Hang Seng Jumps Over 230 Pts; Gold Miners Surge, Insurers Rally
Market Pulse·2 days ago, 01:20 AM
- On August 21, Hong Kong stocks maintained an upward trend in the afternoon, with the Hang Seng Index rising 0.91% to 25,932.30 points. - Gold and resource stocks surged collectively driven by rising gold prices, while domestic insurance and financial stocks also strengthened. - The total market turnover reached approximately 1794 billion HKD, with technology and property stocks showing mixed performances.
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Labubu maker Pop Mart shares fall as it warns 2026 growth target likely to be missed
Businesstimes News·2 days ago, 12:49 AM
- Pop Mart shares dropped 8.9 per cent after the toymaker warned it will likely miss its 2026 sales-growth target following a challenging first half. - The company cited a year-on-year decline in overseas performance, weaker-than-expected revenue and net income, and a large inventory build-up over the past six months. - Pop Mart plans a 2 billion yuan to 5 billion yuan share buyback within the next six months to signal confidence in its long-term outlook.
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Pop Mart falls 5% as earnings miss prompts broker downgrades
HK Stock Market Update·2 days ago, 12:22 AM
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Pop Mart drops 8% to five-month low after earnings miss, broker downgrades
HK Stock Market Update·2 days ago, 12:20 AM
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HSI Gains 184 Pts at Midday; BABA-W and POP MART Each Dive 3% Post-results; PING AN Soars 3%+; HENDERSON LAND Leaps 6%+
AASTOCKS News·2 days ago, 11:46 PM
- Hong Kong stocks closed higher at midday on August 21, 2026, with the HSI up 184 pts or 0.72% to 25,883 and a main board turnover of HKD 135.973 billion. - Major tech and blue-chip stocks fluctuated following financial results, as BABA-W and POP MART each fell over 3%, while HENDERSON LAND surged over 6% on beating profit expectations. - Chinese insurers also rallied strongly, with PING AN and CHINA LIFE jumping 3.60% and 4.79% respectively.
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BofAS: POP MART 1H Results Miss Expectations, Cuts Earnings Forecast and TP to HKD153, Maintains Neutral Rating
AASTOCKS News·2 days ago, 11:26 PM
- BofAS reported that POP MART's 1H results missed expectations, with revenue up 24% YoY and adjusted net profit at RMB5.2 billion. - The broker cut its 2026/2027 adjusted EPS forecasts by 22%/24% and lowered its target price to HKD153. - BofAS maintained a Neutral rating on the stock, citing balanced risks supported by a share buyback plan and easing foreign exchange losses.
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