Pop Mart Defies the Falling Trend & Rebounds! Eyeing HK$300?

JPMorgan sharply cut its target price for Pop Mart from HK$400 to HK$300. Then the stock dips till $252 and rebounded yesterday despite HK market decline? 1. Do you think Pop Mart can maintain investor excitement without near-term major catalysts? 2. Will Labubu & Friends and interactive toys meaningfully expand Pop Mart’s IP value? 3. At what price level would you consider Pop Mart a buy?

avatarSpiders
08-21

Pop Mart Revenue & Profit New Highs: $300 is a New Start?

Pop Mart’s revenue for the first half of 2025 reached RMB 13.876 billion, a staggering 204.4% increase year-on-year. The stock mirrored this momentum, surging in a straight rally to close at $319.8 today, hitting a record 52-week high today within a range of $39.935 to $324.6. POP MART (09992) Founder Wang Ning expressed optimism earlier this year, projecting 50% growth for Pop Mart. Last year, revenue hit RMB 10 billion, and the original target for 2025 was RMB 20 billion. Judging by the company’s stellar performance so far, Wang now believes RMB 30 billion is well within reach, effectively suggesting the growth trajectory is even steeper than anticipated. The Blind Box Phenomenon Central to Pop Mart's success is its innovative "blind box" model, where consumers purchase sealed boxes cont
Pop Mart Revenue & Profit New Highs: $300 is a New Start?

Pop Mart Breaks Out After Strong Interim Earnings - a review of DLC performance

In my article on $POP MART(09992)$ yesterday trading on the earnings, I wrote that: – Earnings Catalyst: POP MART is set to report earnings soon, which could be the trigger for the next decisive move. – Resistance Zone: Price faces resistance around 287. A strong earnings beat could see a breakout above this level, opening the path toward retesting recent highs near 293–300. The price is now trading higher at around 316, indicating a successful breakout. News Catalyst Behind the Breakout Strong Interim Report: Pop Mart released its 1H 2025 interim results, showing revenue of ¥13.876 billion, up +204.4% year-on-year, along with a substantial increase in adjusted net profit.
Pop Mart Breaks Out After Strong Interim Earnings - a review of DLC performance

Pop Mart At All Time High – Calculated Technical Target at 339

Pop Mart ( $POP MART(09992)$ ) Chart Analysis Cup and handle pattern breakout Breakout to all-time high: The recent breakout in POP MART was supported by strong interim results, highlighting robust revenue growth and profitability. Analyst upgrades and optimism that the company could become a candidate for Hang Seng Index inclusion further boosted sentiment. (Source: https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1462558/popular-news/AAFN?) These fundamental catalysts provided the momentum that aligned with the bullish technical setup. Cup and Handle Pattern: The chart illustrates a classic cup and handle formation, a bullish continuation pattern Cup: Formed between 235 and 287, creating a base structure. Handle: Short consolidation before
Pop Mart At All Time High – Calculated Technical Target at 339
avatarantiti
09-15

From HK$400 to HK$300: The Logic Behind JPM’s Downgrade and Where It Could Be Wrong

J.P. Morgan downgraded $POP MART(09992)$ from Overweight to Neutral and cut its target price from HK$400 to HK$300 (2026E ~25x P/E, PEG 1.1x). The firm noted that four major catalysts have already been realized this year—strong 1H25 results, the Uniqlo collaboration, index inclusion, and the launch of gold jewelry stores—while the remaining three (animation launch, Labubu 4.0, and interactive toys) still lack visibility in timing and impact. Although search interest and resale prices have declined, this is largely due to a tenfold expansion in capacity since 1Q25 rather than weakening demand, and brand momentum and sales drivers remain solid. Government agencies and platforms are also stepping up anti-counterfeiting measures, which should help st
From HK$400 to HK$300: The Logic Behind JPM’s Downgrade and Where It Could Be Wrong
avatarSpiders
09-01

Pop Mart Labubu 4.0!

LABUBU 4.0 has officially hit the shelves, marking the latest chapter in Pop Mart's ever-evolving lineup of designer toys. Ahead of the release, restock payments for several high-demand LABUBU and Crybaby models had opened, and interestingly, resale prices on Chinese secondhand trading platforms have dropped sharply, now approaching official retail levels, a rare phenomenon in a market often dominated by scarcity-driven hype. While I'm not personally a fan of LABUBU, the trend offers an intriguing lens into the dynamics of collectible culture. Hype, as history repeatedly shows, is often fleeting. Consider the Be@rbrick craze of the early 2000s: early releases commanded astronomical resale prices, but as the market matured and production expanded, many of these once-sought-after figures los
Pop Mart Labubu 4.0!
avatarWeChats
08-21
$POP MART(09992)$  Pop Mart’s HK$300 Breakout 🎉📈 — A Launchpad or a Ceiling? Pop Mart (9992.HK) just stunned the market. Revenue in H1 2025 rocketed +204.4% YoY to RMB 13.876B, profits soared, and shares exploded past HK$300, gaining nearly 10% in one day. But here’s the big question investors are wrestling with: is this the start of a consumer mega-story, or are we staring at peak Labubu hype? --- 📊 Results With a Twist On the surface, the numbers scream growth: Revenue: RMB 13.876B (+204.4% YoY). Profit: record-breaking, proving scale and pricing power. Stock: blasted through HK$300 to all-time highs. Founder Wang Ning didn’t waste the momentum. He upgraded Pop Mart’s full-year revenue goal from RMB 20B → RMB 30B

Stock Rises 5.8%, Warrant Jumps 17.1% – Pop Mart Breakout & Project Target Review

In the earlier analysis https://ttm.financial/post/470164191429216, we highlighted a cup and handle breakout in Pop Mart, projecting a target around HKD 339 after clearing the key resistance at 287. Looking at the performance data between 22 Aug 2025 and 27 Aug 2025: Underlying Stock (Pop Mart): Rose from HKD 320 to HKD 339 (highest reached was 339.8). That’s a gain of about +5.8% in 5 trading days. Call Warrant ( $PopMart MB eCW251104(XY5W.SI)$ ): Increased from 0.07 to 0.082. That’s a sharper gain of +17.1% over the same period. Key Takeaways: The underlying stock successfully reached the projected breakout target of 339, validating the earlier chart analysis. The warr
Stock Rises 5.8%, Warrant Jumps 17.1% – Pop Mart Breakout & Project Target Review
On September 8, a piece of positive news also emerged — Hang Seng Indexes Company announced the results of its index review for the second quarter of 2025, confirming the inclusion of Pop Mart into the Hang Seng Index. The number of constituents will increase from 85 to 88. Alongside Pop Mart, China Telecom and JD Logistics were also newly added.Another good news is $POP MART(09992)$ released a stellar earnings.Perhaps the new product failed to quickly open up fresh imagination, or perhaps after the stock hit a record high, the current price had already priced in market expectations for the launch. As a result, the new series release did not drive the stock price higher. From the post earnings high to September 16, Pop Mart’s stock had fallen by
 Pop Mart: What's Driving the Downgrade? - Valuation Concerns: JPMorgan believes Pop Mart’s current valuation is no longer attractive, especially after a sharp intraday drop of over 8%. - Target Price Cut: The price target was slashed by 25% to HKD 300, signaling reduced short-term upside. - IP Saturation Worries: Investors are jittery about the sustainability of Labubu’s popularity. Secondary market prices have dipped, but JPMorgan attributes this to overproduction rather than fading demand.

Beginner Options Strategy: Practical Tips for Long Calls | #OptionsHandbook EP031

In the options market, the Long Call is one of the most common strategies. When you’re bullish on a stock in the short term but don’t want to commit big capital, a Long Call lets you join the move with small cost, capped risk, and amplified upside. 📒 The Options Handbook sums up some key lessons on using Long Calls— ▶ When to Use a Long Call? 📈 Use it when you’re bullish short-term, but want to keep your capital free. Or if you only expect a short-term rally and want to avoid the risk of holding shares long term. ▶ Don't Wait for Expiry by Default ⏳ If the stock jumps and the option gains value quickly, consider locking in profits early. If the stock moves slowly and the expiry is near, reassess w
Beginner Options Strategy: Practical Tips for Long Calls | #OptionsHandbook EP031

Pop Mart’s Big Gamble: New Series, Falling Stock — Is This the Bottom?

$POP MART(09992)$ Pop Mart International, the trendy Chinese designer toy maker that once rode the collectible craze to a billion-dollar valuation, is now confronting a steep decline in investor confidence. Shares have fallen significantly from their highs as macroeconomic challenges, fading hype, and intensifying competition weigh on growth. Yet even as its stock price slides, Pop Mart has announced new product series and continues to innovate its offerings to capture consumer imagination. For investors and collectors alike, the key question is whether Pop Mart’s stock has finally found a bottom — or if further downside remains ahead. This analysis explores the company’s latest performance, its product strategy, and what the road ahead may look
Pop Mart’s Big Gamble: New Series, Falling Stock — Is This the Bottom?
Pop Mart has already priced in a lot of good news this year — strong H1, Uniqlo collab, index inclusion — so I get why JPM cut the target to HK$300. Without fresh catalysts in the short term, it may be tough to keep the same investor excitement. That said, Labubu & Friends and the interactive toy segment could expand their IP value meaningfully over time, but it’s more of a mid-to-long-term play. Personally, I’d look to buy closer to HK$250–260 on weakness, where risk/reward looks more attractive.

Popmart Triangle Setup + Strong LABUBU Demand: Where is it heading?

Pop Mart (HKEX: $POP MART(09992)$ ) Chart Analysis Chairman Wang Ning recently addressed speculation that Pop Mart engages in hunger marketing, clarifying that the company is focused on expanding supply rather than restricting it. He highlighted that Pop Mart’s popular IP LABUBU is now selling about 10 million dolls per month, and efforts are underway to improve supply chain efficiency and ramp up production capacity to meet growing demand. (Source: https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1455660/popular-news/AAFN) Despite the news, Pop Mart’s share price has been consolidating into a triangle pattern after a strong rally earlier in the year. The key levels to watch are resistance at HKD 262 and support at HK
Popmart Triangle Setup + Strong LABUBU Demand: Where is it heading?
The next catalyst windows could include:Launch of Labubu & Friends Season 1 (20 episodes × 2 minutes);Pre-heating/release of Labubu 4.0 around Christmas/Lunar New Year;Potential rollout of interactive toys.If the share price undergoes a significant pullback, it could present an attractive entry point. $POP MART(09992)$

Doji Emerges at All-Time High: What’s Next for Pop Mart?

On 4 Aug 2025, just 3 days ago, I highlighted in this article: Popmart Triangle Setup + Strong LABUBU Demand: Where is it heading? that $POP MART (09992.HK)$ was in a triangle pattern showing bullish bias.  Recent candlesticks show a bullish bias: – Long lower shadows suggest buying interest when price dips. – Candle bodies are gradually shifting higher, showing demand near support. – This indicates buyers are becoming active ahead of a potential test of resistance. From previous posting. Source: Tradingview Price rallied from $251 to All Time High $293 in 3 days; the call warrant gained 54.5% Source: warrants.com.sg Source: Tradingview Doji at ATH A Doji candlestick at all-ti
Doji Emerges at All-Time High: What’s Next for Pop Mart?

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Pop mart is just like the past of brick bear. Once the frenzy is over, the products will be left on the shelves. Therefore there is still a possibilty that pop mart share price will crash in the future.
HK250 seems like a reasonable dip to buy