Pop Mart (09992.HK): Profit under pressure in H1 2026; long-term growth prospects remain positive amid diversified operations

In the first half of 2026, revenue grew by 24%, while profits faced temporary

Guoxin SecuritiesSep 14 13:47

Monthly IP Toy Tracker: Pop Mart Faces High-Base Pressure, While Bloks Shows Strong Overseas Momentum

Key TakeawaysPop Mart's August e-commerce sales declined year-over-year as it entered a period of high-base comparison. Pop Mart's total Gross Merchandise Value (GMV) in e-commerce fell by 18% year-

CSOPSep 14 13:30

Citi: Haidilao (06862.HK) August table turnover rate fell to single digits, missing expectations; major shareholder’s stake reduction adds to negative sentiment

Citi released a research report stating that, according to Haidilao (06862.HK)'s communication with investors, the company's table turnover rate for the entire month of August declined by a low

AASTOCKSSep 14 10:53

Pop Mart's Twinkle Twinkle IP Unlikely to Offset Tough 3Q Base -- Market Talk

0245 GMT - Pop Mart's product launch under its Twinkle Twinkle intellectual property isn't likely to offset a high base, says Deutsche Bank's Sammi Xu in a note. The Chinese doll maker's online

WSJSep 11 10:45

Pop Mart's Share Price Seems Resilient Despite Weakening Sales Momentum -- Market Talk

0236 GMT - Pop Mart's share price remains more resilient than expected despite weakening sales momentum and disappointing 1H results, says Deutsche Bank's Sammi Xu in a note. The analyst attributes

WSJSep 11 10:36

Pop Mart: Duan Yongping provides sentiment support, but momentum is weakening; Maintain Sell rating

Key View: Pop Mart’s online sales in China continue to deteriorate, with new product launches failing to offset the impact of a high base. In August, Pop Mart’s online sales in China fell by 40% year-on-year, widening from the 21% decline recorded in July. Although the market had anticipated that the company would develop new hit IPs, the sustained downturn in online sales since May indicates pressure on domestic demand, and recently launched products have been insufficient to reverse the trend. While the key new product for the third quarter, “Twinkle Twinkle Farm Tales,” performed better than other new releases, it was unable to fully offset the strong performance of Labubu 3.0 and Mini from the third quarter of last year.

CSOPSep 11 02:54