POP MART (09992) opened nearly 4% higher. At the time of writing, the stock was up 3.87% to HK$169.2, with a turnover of HK$163 million.

The company announced its unaudited overall revenue for the first quarter of 2026 increased by 75% to 80% year-over-year. Revenue in China surged by 100% to 105%, while the Asia-Pacific region grew by 25% to 30%. The Americas saw an increase of 55% to 60%, and Europe and other regions rose by 60% to 65%.

For the first quarter in China, revenue from offline channels grew by 75% to 80%, and online channel revenue jumped by 150% to 155% year-over-year.

Analysts noted that the company's domestic business in Q1 showed steady sequential growth. The robust channel network and ecosystem resilience are expected to serve as a cornerstone for full-year performance. It is anticipated that in 2026, the company will focus on enhancing operational efficiency and expanding into innovative sectors such as theme parks, film and television, and confectionery, laying the groundwork for future growth in overseas markets and its IP portfolio.