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泡泡玛特-海外增长重新校准,但中国市场保持强劲
2026-03-26 21:20
Pop Mart International Group (9992.HK, 9992 HK) Top Pick China/Hong Kong Consumer | China March 25, 2026 10:33 PM GMT Pop Mart | Asia Pacific Overseas Growth Recalibrated But China Stays Strong | What's Changed | | | | --- | --- | --- | | Pop Mart International Group (9992.HK) | From | To | | Price Target | HK$325.00 | HK$278.00 | Despite exponential growth in 2025, Pop Mart's 4Q25 sales and 2026 guidance dampened bulls' conviction and lead us to cut our 2026-27 earnings estimates ~4%. Overseas growth shoul ...