BPPOMRT@EC2612A

Deutsche Bank Cuts Pop Mart's Target Price

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

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ASIA PIONEER

EASYHOLD GROUP

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HAITIAN ANTENNA

CENTRALCHINA MT

TOMO HOLDINGS

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HAIZHI TECH GP

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During intraday trading on May 8, Hong Kong's three major indices fluctuated lower, with both the Hang Seng Index and the Hang Seng Tech Index falling more than 1%. Affected by the sharp drop in US chip stocks overnight and geopolitical risks, Hong Kong's semiconductor sector plunged collectively, with HUA HONG SEMI and SMIC seeing significant declines. Meanwhile, market funds showed a clear shift from high to low valuations and structural gaming. AI application concept stocks performed actively, with MEITU surging more than 14%; toy trend leader POP MART rose more than 5% against the trend, driven by position adjustments by well-known investors, with extremely active trading

- On May 8, Hong Kong's major stock indices experienced declines, with the Hang Seng Index reflecting overall weakness.  
- Semiconductor stocks were heavily impacted following a drop in the Philadelphia semiconductor index and concerns over AI chip supply, while companies like Meitu and Pop Mart saw significant gains.  
- The lithium battery sector also faced downward pressure, with notable drops from Tianqi Lithium and Ganfeng Lithium, despite Xiaomi's stock rising amid strong profit expectations.

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CSOP HS TECH

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Montage Technology

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Goldman Sachs

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TENCENT

HSBC HOLDINGS

HSBC

BABA-W

Alibaba

YOFC

Hua Hong

SMIC HK SDR 5to1

Sandisk - WI

POP MART HK SDR 20to1

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Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

CATL HK SDR 30to1

Xiaomi Corporation

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Xiaomi HK SDR 2to1

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HSBC 5xShortSG241213

HSBC Holdings Plc

BABA-WR

Alibaba HK SDR 5to1

Hong Kong Stocks Intraday | Three Major Indices Fluctuate and Weaken, Semiconductor Sector Plunges, AI Applications and POP MART Buck the Trend

POP MARTshares rose approximately 7% after investor Duan Yongping announced he purchased a stake in the company, praising Chairman Wang Ning's capabilities. The stock opened 0.5% higher and reached an intraday high of HKD174.9, closing at HKD173.2 with a turnover of HKD1.832 billion. Duan shifted his investments from CHINA SHENHUAto POP MART, highlighting his confidence in the company's leadership.

- POP MART (09992.HK) experienced a significant increase of 7.398%, reaching an intraday high of HKD 174.9, the highest in over a month.  
- Investor Duan Yongping announced he has sold his holdings in CHINA SHENHUA (01088.HK) to invest entirely in POP MART, citing Chairman Wang Ning's capabilities as a key factor.  
- The trading activity for POP MART included a turnover of 10.6968 million shares, amounting to HKD 1.832 billion.

AASTOCKS News

POP MART Leaps ~7% Against Mkt as Duan Yongping Buys Company Stake Saying He Can See How Capable Wang Ning Is

Hong Kong's HSI opened down 266 points at 26,359, influenced by renewed US-Iran tensions and a 0.6% drop in the DJIA. Major stocks like Tencent and Meituan fell, while BIDU-SW gained 2.9% due to its subsidiary's listing plans. Other notable declines included HSBC and AIA, while POP MART rose 7.2%. Overall, the market showed a mixed response with significant short selling activity across various sectors.

- Market concerns over escalating tensions between the US and Iran contributed to a 0.6% drop in the DJIA.  
- Hong Kong stocks started lower, with the HSI down 1% and major blue chips like TENCENT and MEITUAN-W seeing declines.  
- Notably, BIDU-SW gained 2.9% after its subsidiary initiated listing guidance for a proposed listing on the STAR Market.

HSI Opens Down 266 pts; BIDU-SW  and POP MART Continue to Gain

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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.

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

Today’s Key News Recap

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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...

Kaiser Aluminum

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Oracle

ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D

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DeepSeek

Qualcomm

Sungrow Power Supply

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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! 🚀

NewDiscussionZones

$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

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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☕️ [Task Coins Giveaway] Daily Market Talk

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)

Hong Kong Stocks Intraday | Three Major Indices Fluctuate and Weaken, Semiconductor Sector Plunges, AI Applications and POP MART Buck the Trend

POP MART Leaps ~7% Against Mkt as Duan Yongping Buys Company Stake Saying He Can See How Capable Wang Ning Is

HSI Opens Down 266 pts; BIDU-SW and POP MART Continue to Gain

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

POP MART Once Proliferates 6%+