HK Movers | Pop Mart Soars 5% as Consumption Policy and IP Ecosystem Drive Optimism. Shares Have Gained 15% For The Week

Tiger Newspress11-28

POP MART surged 5% on Friday, adding weekly gains to 15%.

The rally follows a joint policy announcement by six Chinese ministries, including the Ministry of Industry and Information Technology, to boost consumer goods supply-demand alignment. The plan targets trillion-yuan-level consumption sectors and emphasizes IP-driven offerings like anime products and trendy fashion—a direct tailwind for POP MART's collectibles business.

Huachuang Securities recently upgraded earnings estimates for POP MART after the company reported a 245% year-on-year Q3 revenue surge, attributed to global expansion and synergies from its IP ecosystem. Analysts highlight such policy-backed, high-growth players as key beneficiaries of China's consumption upgrade.

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