The secret to pop mart's 'counter-trend rise': successful theme park and continued popularity overseas.
Morgan Stanley stated that the key to Pop Mart's growth in the Chinese market lies in its attractive products, while its strong expansion in overseas markets is mainly due to the high productivity of its offline stores. It is expected that its sales in the first half of the year will increase by 58% year-on-year, and its adjusted net income will increase by 78% year-on-year. The net income for the whole year is expected to increase significantly by 102% year-on-year.
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