Stock Track | POP MART Soars 5.12% Intraday on Policy Support and Strong Earnings

Stock Track11-28

POP MART's stock surged 5.12% during Friday's intraday trading session, driven by a combination of favorable policy announcements and robust financial performance.

The rally follows a joint policy announcement by six Chinese ministries, including the Ministry of Industry and Information Technology, aimed at boosting consumer goods supply-demand alignment. The policy specifically targets IP-driven offerings like anime products and trendy fashion, which directly benefits POP MART's collectibles business.

Additionally, the company reported a 245% year-on-year revenue surge in Q3, attributed to global expansion and synergies from its IP ecosystem. Analysts have upgraded earnings estimates for POP MART, highlighting it as a key beneficiary of China's consumption upgrade.

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