Pop Mart attracts young buyers going after cute and fashionable collectibles - likely more lasting trend and craze than Mixue's tea beverage.
Pop Mart PT Upgrades to HK$300: Too Late to Chase the Rally?
Labubu is now becoming a household name, and new IPs like Crybaby, Skullpanda, and Hirono are quickly catching up.
Some in the investment community argue that when everyone starts chasing the trend, it's time to exit—there may not be much upside left.
Morgan Stanley released a report that upgrades Pop Mart's PT to HKD 303.
Do you think Pop Mart's bubble is about to burst?
Or do you still believe in its IP incubation capabilities?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments