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The "Legoization" -- POP MART's "bigger" narrative.
POP MART employs methods identical to LEGO in creating trendy IP toys: by incubating and managing IP through internal design and external licensing, while collaborating with globally renowned IPs to develop themed products, successfully attracting a global fanbase. Inspired by LEGO, HSBC expects that from 2024 to 2026, POP MART's revenue compound annual growth rate will be 30%, with 70% of the growth coming from overseas markets.
After Leaping 35% Pop Mart International Group Limited (HKG:9992) Shares Are Not Flying Under The Radar
Hong Kong stocks closed (02.14) | The Hang Seng Index surged over 5% in a single day, AI Medical Concepts soared collectively, and Network Technology stocks were heated throughout the day.
Hong Kong stocks surged sharply today, with the three major indexes continuing to rise in the afternoon, the Hang Seng Index skyrocketing by over 3%, and the Hang Seng TECH Index soaring over 5% in a single day.
Debon Securities: The success of "Nezha 2" has driven the IP economy and is expected to continue to resonate with downstream Sectors.
Focus on leading companies with a rich IP matrix and differentiated product development capabilities, as well as traditional retailers transforming into brand retailers.
Pop Mart Set to Gain From Popular IPs -- Market Talk
[Brokerage Focus] Deutsche Bank raises the Target Price for POP MART (09992) to HKD 114, indicating that its CryBaby is expected to become a new hit IP.
King Wu Financial News | Deutsche Bank reported that the Nezha series toys launched in collaboration with the movie "Nezha 2" were quickly sold out upon release, achieving remarkable sales performance. Meanwhile, CryBaby, under POP MART, is starting to shine, expected to become another blockbuster IP following Labubu and The Monsters. Not only that, POP MART is also actively expanding its business territory by launching the jewelry brand Popop, further enriching its product categories. Based on POP MART's outstanding performance in the product market, Deutsche Bank has upgraded its outlook on POP MART.