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<Research>Citi: POP MART (09992.HK) Sector Top Pick on Optimism About New Product Launch & Shr Buyback
Recommend
5
Positive
16
Negative
5
Citi Research issued a research report reiterating rating at Buy for POP MART (09992.HK), and expecting its growth momentum in 2026 to be supported by breakthroughs in IP diversification, product innovation and monetization capabilities across various fields.

The broker believed that the market still undervalues the vitality and incubation capability of POP MART's IP. With the enthusiastic market response to major new products outside the LABUBU series (such as the recently launched Twinkle Twinkle) and the share buyback plan initiated this week, investor confidence is expected to further increase.

Related NewsHTSC: POP MART Shr Buyback Shows Growth Confidence, Products Continue to Be Surprisingly Innovative; Rating Kept at Buy
POP MART remains one of its Top Buys in China's consumer sector, with a target price of $415.
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