POP MART (SEHK:09992) surged 5.10% during intraday trading on Tuesday, outperforming the broader market as new consumption concept stocks rebounded.
The rally was driven by improved investor sentiment, a recovery in short-term sales data, and the announcement of Sony's plans to produce a Labubu movie. Analysts noted that POP MART's valuation has become attractive after recent declines, with its P/E ratio dropping to 15, further fueling buying interest.
Puyin International reiterated its "Buy" rating on POP MART, citing strong fundamentals and growth certainty for 2026. The firm set a target price of HK$286.9, highlighting the stock's potential for a significant rebound.
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