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.

wallstreetcn19:48 ET

The more successful Nezha becomes, the more POP MART benefits; Morgan Stanley: the IP flywheel has already started rolling!

"Nezha 2" and POP MART's co-branded series of Blind Boxes and plush toys have achieved great success. Morgan Stanley believes that the IP-product flywheel effect and the Global expansion strategy will make POP MART one of the preferred partners among major Global IP owners.

wallstreetcnFeb 5 06:53 ET

POP MART's ambitions go beyond trendy toys.

Looking for the second growth curve.

wallstreetcnJan 21 21:37 ET

The A-shares and Hong Kong stocks are diverging, SUNAC fell over 25%, Bruker rose 74%, government bond yields are rapidly increasing, and the offshore yuan jumped by over 100 points.

Today, the People's Bank of China announced its decision to temporarily suspend the buying of government bonds in the open market, leading to a significant drop in government bond Futures and a sharp increase of a hundred points in the offshore renminbi. SUNAC fell over 25%, following reports that Cinda Hong Kong had applied for its liquidation. The Hong Kong stock new issue Blucore rose by 74%.

wallstreetcnJan 9 21:03 ET

Labubu's price has dropped, and POP MART is plunging! Morgan Stanley: market concerns are excessive.

Morgan Stanley believes that the decline in resale prices is driven by an increase in supply rather than a decrease in demand. The company's recent restocking strategy may drive sales growth in the fourth quarter of 2024 (4Q24) and the first half of 2025 (1H25), while reducing resale activities, thereby improving the Consumer experience.

wallstreetcnJan 6 03:12 ET

"China's version of LEGO" attempts to go public in Hong Kong again as Yoozoo Interactive co-founder reaches out to capital markets.

① Since its establishment, Bruke has gained favor from several well-known institutions such as Junlian Capital, Gaorong Capital, Source Code Capital, and Yunfeng Fund. However, the pressure for its listing is considerable. ② Bruke sells through online and offline channels such as amazon and walmart, entering overseas markets including the usa, southeast asia, and europe, while using part of the raised funds for overseas market expansion.

cls.cnDec 9, 2024 07:57 ET