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Hang Seng Index's "big change" in December: Pop Mart, Kuaishou expected to be included, will the constituent stocks return to 100?
Currently, the Hang Seng Index in Hong Kong includes 82 stocks, with the ultimate goal of expanding the number of constituent stocks to 100. Analysis suggests that the medical care industry is still the least represented industry in the Hang Seng Index, while consumer staples, discretionary items, real estate, and construction may receive higher weights in the review in the fourth quarter of this year.
After the soaring of pop mart's stock price, founder Wang Ning reduced his shareholding, and executives collectively cashed out 1.5 billion yuan.
①According to estimates, Wang Ning completed the shareholding reduction of approximately 48.085 million shares in this round through various means, with a total amount of 3.461 billion Hong Kong dollars (equivalent to approximately 3.176 billion yuan). ②As of the time of reporting, the stock price of pop mart has fallen by 5.68% from the highest point, with the latest price closing at 71.7 Hong Kong dollars per share, lower than the price at which the shareholders collectively reduced their holdings.
UBS raised its target price for the sixth time this year! What makes Pop Mart's performance so good?
Morgan Stanley has raised the target price of Pop Mart to 81 Hong Kong dollars, believing that factors such as the potential of overseas markets like Europe and the United States, the innovative product line, and the recovery of the Chinese market are expected to drive Pop Mart to continue its high-speed growth. Goldman Sachs has raised the target price of Pop Mart to 70 Hong Kong dollars, but due to the current uncertain retail environment and consumer spending power, they hold a conservative attitude towards its profit prospects.
Gem fell by more than 1%, while the Bei 50 rose by over 1%, with electrical utilities and the military industry leading the gains. Pop Mart in the Hong Kong stock market surged by 18%.
Electrical utilities, oil & gas, and military industry took the lead in terms of increase, while semiconductors, real estate, brokerage, and media were at the forefront in terms of decline.
Great success in going global! Pop Mart's Q3 revenue doubled year-on-year, with overseas business revenue quadrupling! | Financial report insights
In the third quarter, pop mart's e-commerce platform revenue increased by 135%-140% year-on-year, offline retail store revenue increased by 30%-35% year-on-year, and siasun robot&automation store revenue increased by 20%-25% year-on-year. Pop mart previously stated that they have already achieved "creating another pop mart overseas".
Earned 4.56 billion yuan in six months. Wang Ning: No price war, achieving 'creating another Pop Mart overseas' ahead of schedule.
①In the first half of this year, there are 7 IPs including Molly, Skullpanda, Dimoo, and The Monsters that have achieved revenues exceeding 100 million yuan. ②Overseas business has been the core business of Pop Mart in recent years, and overseas e-commerce is one of the important channels. ③It is expected that the revenue from the overseas market in the fourth quarter will exceed 40%, and if it performs well in the Christmas month, the proportion is expected to exceed 50%.