Pop Mart 9992

[winston]

not vested

<Research>Citi Largely Raises TP for POP MART (09992.HK) to HKD308 as IP Recognition Increases

Citi's research report covered POP MART (09992.HK) , which is experiencing increasing global recognition of its iconic IPs and has successfully launched new products.

As more companies join the trendy toy industry, Pop Mart's unique IP incubation and product development capabilities, along with its content-driven marketing strategy and strong new product launch channels, were envisioned to incessantly enhance the global recognition of its top IP, LABUBU.

Pop Mart's diversified IP strategy should lay the foundation for its long-term sustainable growth, the broker opined.

The launch of new products may also serve as a short-term catalyst.

The broker raised the group's earnings forecast for 2025-27 by 38-49%, expecting net profit growth of 124% and 40% for 2025 and 2026, respectively.

The Buy rating was reiterated, and the target price was largely increased from HKD162 to HKD308.

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

not vested

Labubu-maker Pop Mart diversifies into jewellery with new concept store

The store, called Popop, sells accessories adorned with Pop Mart’s top-selling characters

Opened its first jewellery store in Shanghai on Friday (Jun 13).

At Popop, prices start at around 350 yuan for charms or a simple silver ring, and go as high as 2699 yuan for necklaces adorned with metallic models of the characters. Most pieces are priced at under 1,000 yuan.

At a traditional Pop Mart store, the “blind box” toys that the chain is best known for generally sell for 69 yuan and up, but consumers have shown a willingness to shell out much more for limited editions.

Source: Reuters

https://www.businesstimes.com.sg/intern ... cept-store

[winston]

vested

New Pop Mart accessories shop in Beijing sees items flying off shelves

Mainland media reported that a number of items for Pop Mart's three most popular characters – Labubu, Hirono and Molly – have sold out.

Certain pieces are priced as high as 20,000 yuan (HK$21,866.60).

Most POPOP products are priced between 319 yuan and 2,699 yuan, with the most expensive item being a necklace crafted from pure gold and natural pearls, retailing at 19,800 yuan.

Women account for more than 80 percent of customers.

The Beijing store reportedly recorded over 10 transactions per hour, with average spending exceeding 400 yuan.

Source : The Standard

https://www.thestandard.com.hk/market/article/304899/

[winston]

200K+ Viewers Snap up Labubu during First AliExpress 618 Overseas Livestream for POP MART

The global craze for Labubu has sparked massive engagement with BABA-W (09988.HK) (BABA.US) - owned AliExpress, which held a dedicated live-streaming event today (18th) for POP MART (09992.HK).

240,000 viewers from countries including the UK, Canada, Australia, and New Zealand, reportedly flocked to the livestream section, with over 10 popular products, including Labubu and other hit IPs, selling out instantly upon listing.

With Labubu emerging as a global phenomenon, Pop Mart’s official AliExpress flagship store has seen spiking sales, with “Labubu” becoming the platform’s top search term, fueling a 300% YoY upsurge in GMV for the collectibles category in 1H25.

AliExpress’s overseas 618 shopping event, running from June 16 to 26, will continue to feature new releases of Labubu and other Pop Mart popular IPs.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

Labubu Skyrocketed Pop Mart Stock 1,200%. What’s Next? | WSJ The Economics Of
https://m.youtube.com/watch?v=0X8KvR82-qw

[winston]

vested

Pop Mart restocking Labubu, resale prices plunge nearly 40pc

Pop Mart (9992) has reportedly conducted large-scale restocking of its popular Labubu toy series, leading to a sharp drop of nearly 40 percent in resale prices on Chinese second-hand trading platforms.

In addition, Jiemian News reported that Pop Mart launched its first-ever online presale for the Labubu 3.0 soft vinyl plush line on Wednesday evening, with shipping now scheduled as far out as September, reflecting strong demand.

Source: The Standard

https://www.thestandard.com.hk/market/article/305112/

[winston]

vested

China’s warning on blind-box toys sends Pop Mart shares sliding

By Charlotte Yang

Pop Mart International Group Ltd shares dropped in Hong Kong after a Chinese state media commentary called for stricter regulation of blind-box toys and trading cards.

Pop Mart often sells its dolls inside a blind box, which means the buyer doesn’t know what specific character is inside until they open it.

“Still, it’s a mild reminder as it didn’t come directly from a government official.”

In China, the government prohibits sales of blind boxes to children under the age of eight due to concern over potential addiction.

Source: Bloomberg

https://theedgemalaysia.com/node/759760

[winston]

vested

Adorable or just weird? How Labubu dolls conquered the world

by Fan Wang and Adam Hancock

Almost tripled Pop Mart's profits in the past year.

Pop Mart itself has now become a major retailer. It operates more than 2,000 vending machines, or "roboshops", around the world.

And you can now buy Labubu dolls in stores, physical or virtual, in more than 30 countries, from the US and UK to Australia and Singapore, although many of them have recently paused sales due to overwhelming demand.

Sales from outside mainland China contributed to nearly 40% of its total revenue in 2024.

They started to become a hit just as the country emerged from the pandemic in late 2022.

Source: BBC

https://www.bbc.com/news/articles/cy4ydxlm9n9o

[winston]

vested

Pop Mart to launch Labubu animated series

Pop Mart (9992) is expanding its content strategy with plans to produce a movie and an animated series featuring its popular Labubu character, according to mainland media reports.

Founder Wang Ning said the company has officially launched a film studio. Pop Mart is set to release an animated series titled Labubu and Friends as part of its broader content development efforts.

The first season’s script has already been registered for copyright, with the creation completed on January 15 and official registration filed on March 18.

Source : The Standard

https://www.thestandard.com.hk/wealth-a ... le/305193/

[winston]

vested

How Pop Mart’s Labubu became a monster of a business

Pop Mart’s market value of over HK$350 billion (S$57.4 billion) makes it the world’s third-most-valuable intellectual property (IP) company, behind only The Walt Disney Company and Nintendo.

By the end of 2024, Pop Mart had opened 130 stores overseas, locating most of them in prominent spots such as Oxford Street in London and the Louvre in Paris, making it the first Chinese toy brand to enter the iconic museum.

Source: Caixin Global

https://www.businesstimes.com.sg/intern ... r-business