nomadic_m
10-31
Recently, I visited a $POP MART(09992)$ store in Shanghai and was astonished by the sky-high prices of their toys! Given the current economic climate - high interest rates and looming recession risks - I wondered how young consumers could afford such luxury items.

However, Pop Mart's stellar H1 2024 results provide clarity:
- Revenue growth: +55% YoY
- Profit growth: +90% YoY

These impressive figures suggest that the company's unique blend of art toys, collectibles, and limited-edition releases continues to resonate with consumers, defying economic headwinds.

As a trader, I may not be able to own the expensive toys, but I can certainly monitor the stock and look for opportunities to enter at key support prices.

Pop Mart Surges 300%: Are You Fan of Labubu?
Pop Mart hits all time high and surges over 300% YTD. Currently, Pop Mart has more than 100 overseas stores. This year, Pop Mart's overseas revenue has grown rapidly, primarily driven by the Asian market, particularly in Southeast Asia.
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.

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