SGPOMRT@EC2612B (13907.HK) Latest News & Headlines | Longbridge

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Pop Mart grants 137,510 share awards under post-IPO scheme
PUBT·1 hour ago
- Pop Mart granted 137,510 share awards to 18 employees on Aug. 24, 2026, under its post-IPO scheme. - The shares closed at HK$ 155 each on the grant date, with a nil purchase price and vesting schedules tied to performance thresholds through April 2030. - The grant includes clawback and forfeiture provisions for specified termination or misconduct cases.
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Top 5 HK Stock Gainers/Losers (>100B) (8.24)
Top Gainers&Losers·4 hours ago
- On August 24, the Hang Seng Index fell 1.89% and the Hang Seng Technology Index dropped 3.61% amid overall market declines. - Major Hong Kong stocks experienced mixed performances, with Free Gold rising 9% and Sinopec gaining 5.9%. - Conversely, companies like InnoLight and Zhipu suffered significant losses, dropping 11.32% and 10.81% respectively.
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Hang Seng Drops Nearly 2% as Alibaba's HK$80bn Placement Hammers Tech Stocks; Oil, Gold Buck the Trend
Market Pulse·6 hours ago
- Hong Kong stocks declined significantly on August 24, with the Hang Seng Index falling 1.96% to 25498.35 points and the Hang Seng Tech Index dropping 3.67% to 4591.12 points. - Alibaba plummeted over 9% after raising approximately 79.7 billion HKD through a massive share placement for AI infrastructure, dragging down internet and semiconductor stocks. - Meanwhile, oil stocks, surging gold prices driven by safe-haven demand, and select new consumption shares bucked the broader market downward trend.
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HSI Down 544 pts; HSTI Down 183 pts; BABA Down over 9%; XIAOMI Down over 4%; TENCENT Down over 3%
AASTOCKS News·8 hours ago
- At the midday close, the Hang Seng Index dropped 544 points or 2.1% to 25,465, while the Hang Seng Tech Index fell 183 points or 3.8% to 4,582. - Major heavyweights recorded significant declines, with BABA down over 9%, XIAOMI down over 4%, and TENCENT down over 3%. - Other index constituents also faced downward pressure, though selective stocks like PING AN and SINOPEC CORP posted modest gains.
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HK Midday: Hang Seng Tumbles 2% as Alibaba's Record HK$80 Bln Placement Hammers Techs; Gold, Oil Stocks Shine
Market Pulse·10 hours ago
- On August 24, Hong Kong stocks declined significantly, with the Hang Seng Index falling 2.00% to 25488.47 points. - Alibaba's record 80 billion HKD share placement triggered a sharp drop in tech stocks, while Michael Burry's clearance of his stake added to market concerns. - Meanwhile, petroleum and gold stocks strengthened counter-trend due to strong corporate earnings and surging gold prices exceeding 4700 USD per ounce.
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Pop Mart climbs 3% in Hong Kong on earnings, buyback
HK Stock Market Update·10 hours ago
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Top 5 HK Stock Gainers/Losers (>100B) (8.21)
Top Gainers&Losers·2 days ago, 03:30 AM
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Weekly Recap | POP MART this week, earnings miss and downgrade wave
Weekly Review·2 days ago, 11:29 PM
- Pop Mart reported 2026 first-half net profit and revenue of 5.16 billion RMB and 17.17 billion RMB respectively, both up 23.8% year-on-year but missing market expectations. - The company's share price dropped to 149.00 HKD as management lowered the full-year revenue growth target and multiple institutions cut their ratings and target prices. - To counter the downward pressure, the company announced a share buyback plan of 2 billion to 5 billion RMB, while core IP products maintained strong consumer demand.
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Citi Keeps Their Buy Rating on Pop Mart International Group Limited (735)
Tip Ranks·2 days ago, 07:26 PM
- Citi maintained a Buy rating on Pop Mart International Group Limited and set a price target of HK$ 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·Aug 21 at 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·Aug 21 at 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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HK Stocks: Hang Seng Rallies 1.21% to Reclaim 26,000; Gold Miners Soar, Zhipu and MiniMax Jump Over 10%
Market Pulse·Aug 21 at 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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Labubu maker Pop Mart shares fall as it warns 2026 growth target likely to be missed
Businesstimes News·Aug 21 at 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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HSBC Research Cuts POP MART TP to HKD136.5 on Earnings Miss
AASTOCKS News·Aug 21 at 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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