BPPOMRT@EC2612A

JPMorgan cuts target price for POP MART from HKD157.00 to HKD140.00

Pop Mart issues statement on controversy with Bambu Lab over co-branded 3D printer, opts for 'forgiveness'

Topwood Tech Reaches Settlement with PopMart Over IP Dispute

Duan Yongping swaps out shares of China Shenhua for POP MART

Pop Mart enters home appliance market with limited edition refrigerator, sees significant price premium in secondary market

Pop Mart's core IP Labubu will collaborate with the 2026 World Cup

Pop Mart sets May 22, 2026, as the record date for the 2025 final dividend

Wang Ning of POP MART Outlines Future Organizational Challenges and LABUBU Brand Strategy

Pop Mart to Attend Licensing Expo 2026

POP MART City Park Opens New Areas Themed After LABUBU and DIMOO

Pop Mart launches DIMOO The Secret Theatre Club Pop-up Store in Singapore

Pop Mart to determine shareholder eligibility for final annual dividend on May 22, 2026

Pop Mart's core IP Labubu will collaborate with the 2026 FIFA World Cup

Pop Mart City Park announces price hike after opening new areas, while limited-edition refrigerators see premium resale prices

Pop Mart Reopens Beijing Theme Park, Leveraging Labubu's Popularity to Drive Experience Economy

Pop Mart plans to launch two new sets of Labubu products in the second half of 2026

POP MART's US sales reportedly fell by 45% year-on-year in March

Pop Mart Hosts Hello Kitty Meet and Greet in Los Angeles

Pop Mart attracts market attention during the 'May Day' holiday with its LABUBU refrigerator and city park upgrade

Pop Mart's core IP 'Labubu' to collaborate with the 2026 World Cup

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0507 | Dolphin Research Focus: 🐬 Macro/Industry 1) Iran's Foreign Ministry spokesperson Baghaei confirmed it is still reviewing a U.S. peace proposal relayed via Pakistan, which includes a 14-point ceasefire plan, and has not formally responded. Tehran plans to feed back its comments through Islamabad once the review is complete.Iran says the proposal contains unacceptable provisions. Talks at this stage focus only on ending hostilities and do not involve the nuclear file.Washington has sent upbeat signals, with Trump saying the two sides could reach a deal soon. Tehran dismissed the media hype as false, emphasized that negotiations must be grounded in good faith, and noted that core differences remain, leaving the outlook uncertain...

Duan Yongping adds to Pop Mart; OpenAI leads 5 tech giants to launch MRC｜Daily News Recap

POP MARTshares rose by 5.9% to a peak of HKD166, closing at HKD163.4, up 4.54%. The stock saw a turnover of HKD3.152 billion with 19.7693 million shares traded. Notably, investor Duan Yongping disclosed on social media that he shifted his investments from coal stock CHINA SHENHUAto POP MART, which has a short selling ratio of 18.647%.

- POP MART (09992.HK) shares experienced a significant increase, rising 6.2% to a peak of HKD166 before closing at HKD163.4, which is a 4.54% gain.  
- The trading volume reached 19.7693 million shares, with a total turnover of HKD3.152 billion.  
- Investor Duan Yongping disclosed on social media that he shifted his investments from coal company CHINA SHENHUA (01088.HK) into POP MART.

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POP MART HK SDR 20to1

POP MART Once Proliferates 6%+

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Duan Yongping announced on social media that he has sold all his coal stocks, including China Shenhua, to invest in the pop-up toy company Pop Mart. He expressed gratitude for the returns from Shenhua, stating it is a good company and hinted at a possible future return to coal investments.

CoinLive

Duan Yongping: He swapped all his coal stocks, including China Shenhua, for the trendy toy company Pop Mart.

Wang Ning, Chairman and CEO of POP MART, expressed concerns about the company's future challenges related to its organizational structure. He noted that rapid growth can obscure underlying issues, which may escalate if not addressed. Despite worries about the popularity of LABUBU, Wang believes consumers will maintain emotional connections with the brand, fostering new value creation.

- Wang Ning, Chairman and CEO of POP MART, highlighted potential challenges in the company's organizational structure amid rapid growth.  
- He cautioned that focusing solely on high growth and the success of LABUBU may obscure underlying issues that could escalate.  
- Despite concerns about LABUBU's popularity, Wang believes that consumers will maintain emotional connections with the brand, fostering new value creation.

CEO Wang Ning: POP MART Future Challenges May Lie in Organizational Structure

POP MARTreported a 45% year-over-year decline in US sales for March, reversing previous growth trends. The US market, which accounted for 18% of the company's revenue last year, is facing challenges as consumer interest wanes. Analyst Melinda Hu forecasts a revenue growth of 16% for POP MART in 2026, below the company's previous guidance of at least 20%. Despite the slowdown, growth in North America is expected to outperform other markets, driven by store expansion and marketing investments.

- POP MART (09992.HK) experienced a significant decline in US sales, with a 45% year-over-year drop in March, reversing previous growth trends.  
- The US, which accounted for 18% of POP MART's revenue last year, is facing increased challenges as consumer interest appears to weaken.  
- Despite this slowdown, analysts expect that POP MART's North American growth will still surpass other markets in 2026, with projected revenue growth of 24% supported by expansion and marketing efforts.

AllianceBernstein

POP MART Mar US Sales Tumble 45% YoY: Wire

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Hong Kong's new consumer sector showed mixed performance today. Shanghai Auntiesurged over 10%, while stocks like Cha Bai Dao, Guo Quan, and Mixue Groupalso gained. Conversely, Blokko, Gu Ming, and Pop Martunderperformed.

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Hong Kong's New Consumer Sector Shows Mixed Performance

Pop Mart's Labubu-themed mini fridges are seeing resale prices soar nearly 50% above their list price due to overwhelming demand, with preorders exceeding supply by 19 times. The fridges, priced at CNY5,999 (USD878), are being listed for CNY8,888 (USD1,300) on resale platforms. This marks Pop Mart's entry into the home appliance market, leveraging its popular IP. However, experts caution that high prices may deter long-term consumer acceptance, despite the appeal of IP collaborations targeting younger demographics.

- Resellers are flipping Labubu-themed mini fridges from Pop Mart International Group at nearly a 50 percent premium before their official sale.  
- With preorders exceeding supply by 19 times, these limited-edition fridges are priced at CNY 8,888 (USD 1,300) against a list price of CNY 5,999 (USD 878).  
- While leveraging popular IPs can drive growth, high prices may deter long-term consumer acceptance, especially given the market's current sluggishness.

Yicai

Xinbao Electrical Appliances Holdings

Pop Mart’s Labubu Fridge Resale Price Soars as Pre-Orders Outstrip Supply 19 Times

POP MARTis expanding into the home appliance sector, specifically with mini refrigerators, but not in a traditional sense. The company aims to use these products to express its intellectual property (IP) rather than to enter the market competitively. Although there is market interest, the initiative is still in early stages and is not expected to significantly impact earnings in the short term. Short selling data shows a ratio of 17.756% with a recent stock price increase of 2.285%.

- POP MART is expanding into home appliances, particularly with LABUB mini refrigerators, which have garnered attention despite not yet being officially sold.  
- Rather than entering the industry traditionally, the company aims to use these products to express its intellectual property and integrate into daily consumer life.  
- The initiative is still in its early stages and is not expected to significantly affect earnings in the short term.

POP MART  Source: Not Entering Home Appliance Sector in Traditional Sense, Basically No Impact on Earnings Increment

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0427 | Dolphin Research Focus: 🐬 Macro/Industry1) Last week, DeepSeek surprise-launched its flagship foundation model DeepSeek-V4 and fully open-sourced it, a key market catalyst. With AI advances as a tailwind, semis extended gains today: the Hong Kong Semiconductor Index jumped 5%+, led by SMIC and Hua Hong Semiconductor.The new model is tuned for domestic compute and pursues a non-CUDA stack, expanding edge-AI use cases and sustaining demand for local chips. Flows continue to pile into themes of self-reliant compute and domestic substitution...

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DeepSeek-V4 open-sourced, igniting the AI compute supply chain; Tencent's QClaw rolls out a major update | Daily News Recap

Every new discussion zone marks a new step in the growth of our community. Here, you’ll find the latest unlocked stock discussion zones and connect with fellow investors. Thank you for being part of this journey — let’s grow together! 🚀

Every new discussion zone marks a new step in the growth of our community. Here, you’ll find the latest unlocked stock discussion zones and connect with fellow investors. Thank you for being part of this journey — let’s grow together! 🚀

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$POP MART(09992.HK)Pop Mart: Is the Labubu Fever Breaking? According to The Straits Times (2 April), Pop Mart’s staggering $42 billion valuation wipeout signals a “Labubu-sized” identity crisis. Investors are pivoting away from treating the toy maker as a high-flying, tech-adjacent firm, focusing instead on the structural risks of it being a fleeting consumer trend.🔹 Technical Snapshot: Catching a Falling Knife?❤️ On the 4H chart, it shows a clear vertical selloff from HKD 220–230 zone down to 141.8.❤️ Bollinger Band Exhaustion: The price is “hugging” the lower band (HKD 112.8). While technically overextended, the absence of a meaningful bounce suggests sustained selling pressure rather than an imminent reversal.❤️ RSI Conditions: The RSI is deep in oversold territory at 25.39. Current momentum is so bearish that the RSI is simply “sliding” along the floor.❤️ Resistance Levels: The 20-period SMA (blue line) at HKD 169.1 serves as the immediate ceiling.🔹 Fundamentals Snapshot :❤️ IP Over-Concentration: Labubu accounted for nearly 40% of 2025 revenue. This extreme reliance creates a “single point of failure”.❤️Inventory Red Flags: Inventory turnover has spiked to 123 days. This suggests that while production remains high, the “sell-through” rate is decelerating.❤️Valuation De-rating: Now trading at 10.3x forward earnings, the stock sits at a record-low valuation. However, the market is pricing in a “growth trap”.❤️My Verdict: Patience Over PanicPop Mart is currently a high-risk contrarian play, with high rewards. While the valuation is objectively tempting and management is active with share buybacks, the technicals have yet to signal a definitive bottom.Stay prudent, wait for a “basing” pattern. Look for the price to consolidate between HKD 140–150 for several sessions without posting new lows.Not financial advice. Trade safety and stay vigilant at all times.

Powell may not have an FOMC talk, but his recent QnA at a University sparks interests and influenced the market. A simple comment that inflation outlook in check and there's no need to hike rates due to oil shock has the market reacting positively. Let's see how the situation pans out in the next few weeks

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Fed is in a dilemma. On one hand, he is cautious of rising inflation due to wars &amp; tariff, on the other hand, he is watching unemployment rate in the labor market. Do nothing is the best current strategy for the Fed, till events becomes clearer. Singapore is pivoting to partner other trading blocks to increase trade export to like minded countries. And fast adoption of AI to enhance productivity to address rising cost of doing business here. Is all hands on deck. Singapore has to be ahead of the curve due to fast changing political and economical landscape changes to keep growth on track.

Fed’s dovish is shifting short term sentiment, creating a tactical risk on window. Not a full pivot yet,so stay long quality growth but keep macro hedges in placeTesla TERAFAB – Moving into ultra scale compute fits the AI capex boom, where global demand is surging. For now, it’s a high beta narrative play, with execution risk still the main swing factor.Singapore retains solid growth supported by strong manufacturing and AI driven exports, showing underlying resilience despite external risks.

Musk is again promising the sun and moon; selling a dream, forever over promising and shifting goal posts. With the geopolitical event causing headache and pocket-aches to investors, I don't think anyone would be in the mood to be an all-in bull right now...

7 days into negotiation between US and IRAN, but no news of any breakthrough. The war will be long and the blockade will last. Start being defensive people!

As the war continues, oil will be in short supply and cause Singapore to suffer. Yes we do have 6 months of reserve. But one that used up, we are in the same situation as other South East Asia counties... So be worried peeps!

As usual anything from tesla is to take with a pinch of salt. Elon Musk have always over promise but under deliver. Only when it really launches then believe in the narrative!

BPPOMRT@EC2612A(28985.HK)

Duan Yongping adds to Pop Mart; OpenAI leads 5 tech giants to launch MRC｜Daily News Recap

POP MART Once Proliferates 6%+

Duan Yongping: He swapped all his coal stocks, including China Shenhua, for the trendy toy company Pop Mart.

CEO Wang Ning: POP MART Future Challenges May Lie in Organizational Structure

POP MART Mar US Sales Tumble 45% YoY: Wire