0531 GMT - Pop Mart's intellectual-property diversification strategy should strengthen its resilience against cyclical risks, Citi analysts say in a research note. Citi reckons that there is an upward trend in its app downloads for China and the U.S. following the release of Skullpanda x My Little Pony. "We expect its breakthrough in IP diversification, product innovation and monetization in a wide range of fields to drive growth," they say. Investor confidence may improve with the next blockbuster and popularity of non-Labubu IPs in overseas markets, they note. Pop Mart is one of Citi's top buys in the China consumer sector. Shares are last 4.4% down at HK$258.00. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 00:31 ET (05:31 GMT)
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