Weekend Reads | Understanding Hello Kitty means understanding pop mart as well.
In a sense, understanding the past of Hello Kitty is to understand the future of pop mart.
After the soaring of pop mart's stock price, founder Wang Ning reduced his shareholding, and executives collectively cashed out 1.5 billion yuan.
①According to estimates, Wang Ning completed the shareholding reduction of approximately 48.085 million shares in this round through various means, with a total amount of 3.461 billion Hong Kong dollars (equivalent to approximately 3.176 billion yuan). ②As of the time of reporting, the stock price of pop mart has fallen by 5.68% from the highest point, with the latest price closing at 71.7 Hong Kong dollars per share, lower than the price at which the shareholders collectively reduced their holdings.
Do foreigners also like to play blind boxes? Pop mart creates a hundred billion business.
The overseas trendy market is relatively mature, and still has a large room for growth, which is why pop mart chooses to go overseas.
Pop Mart (09992) has two major shareholders, with the most share placement and cashing out reaching up to 1.588 billion.
Pop Mart (09992) has two major shareholders, with the most share placement and cashing out reaching up to 1.588 billion.
Foreign investment intensively raises target prices for China assets! How will the Hong Kong and A-share markets evolve next?
China's assets target price received another round of intensive upgrades! At the same time, international investment banks JPMorgan and UBS Group both raised their 2024 economic growth forecast for China to 4.8%.
Outstanding performance, Pop Mart soared 275% within the year! Credit Suisse has raised its target price six times this year.
Morgan Stanley has raised the target price of Pop Mart to 81 Hong Kong dollars, believing that factors such as the potential of overseas markets like Europe and the United States, the innovative product line, and the recovery of the Chinese market are expected to drive Pop Mart to continue its high-speed growth. Goldman Sachs has raised the target price of Pop Mart to 70 Hong Kong dollars, but due to the current uncertain retail environment and consumer spending power, they hold a conservative attitude towards its profit prospects.