Pop Mart International Likely Faces Slower Growth -- Market Talk

Dow Jones

03/26

0641 GMT - Pop Mart International is likely to face slower growth after 2025's strong momentum, Morningstar analyst Jeff Zhang says. The analyst expects Pop Mart's revenue growth to decelerate through 2030 due to high base effects and maturing fan bases. Morningstar lowers its 2026-30 compound annual growth rate forecast for revenue to 17% from 20%. Morningstar says better overseas mix and cost optimization should support margins and partly offset softer sales growth. It cuts the fair value to 268.00 Hong Kong dollars from HK$280.00. The stock is last down 11% at HK$149.20.(tracy.qu@wsj.com)

(END) Dow Jones Newswires

March 26, 2026 02:41 ET (06:41 GMT)

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The analyst expects <a href=\"https://laohu8.com/S/POPMF\">Pop Mart</a>'s revenue growth to decelerate through 2030 due to high base effects and maturing fan bases. Morningstar lowers its 2026-30 compound annual growth rate forecast for revenue to 17% from 20%. Morningstar says better overseas mix and cost optimization should support margins and partly offset softer sales growth. It cuts the fair value to 268.00 Hong Kong dollars from HK$280.00. The stock is last down 11% at HK$149.20.(tracy.qu@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2026 02:41 ET (06:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pop Mart International Likely Faces Slower Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPop Mart International Likely Faces Slower Growth -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-26 14:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0641 GMT - <a href=\"https://laohu8.com/S/PMRTY\">Pop Mart</a> International is likely to face slower growth after 2025's strong momentum, Morningstar analyst Jeff Zhang says. The analyst expects <a href=\"https://laohu8.com/S/POPMF\">Pop Mart</a>'s revenue growth to decelerate through 2030 due to high base effects and maturing fan bases. Morningstar lowers its 2026-30 compound annual growth rate forecast for revenue to 17% from 20%. Morningstar says better overseas mix and cost optimization should support margins and partly offset softer sales growth. It cuts the fair value to 268.00 Hong Kong dollars from HK$280.00. The stock is last down 11% at HK$149.20.(tracy.qu@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2026 02:41 ET (06:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ86797644.SGD","symbol_name":"MAYBANK ASIAN GROWTH AND INCOME-I \"A\" (SGDHDG) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622836418","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622836418","pubTimestamp":1774507260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0641 GMT - Pop Mart International is likely to face slower growth after 2025's strong momentum, Morningstar analyst Jeff Zhang says. The analyst expects Pop Mart's revenue growth to decelerate through 2030 due to high base effects and maturing fan bases. Morningstar lowers its 2026-30 compound annual growth rate forecast for revenue to 17% from 20%. Morningstar says better overseas mix and cost optimization should support margins and partly offset softer sales growth. It cuts the fair value to 268.00 Hong Kong dollars from HK$280.00. 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The analyst expects Pop Mart's revenue growth to decelerate through 2030 due to high base effects and maturing fan bases. Morningstar lowers its 2026-30 compound annual growth rate forecast for revenue to 17% from 20%. Morningstar says better overseas mix and cost optimization should support margins and partly offset softer sales growth. It cuts the fair value to 268.00 Hong Kong dollars from HK$280.00. The stock is last down 11% at HK$149.20.(tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 26, 2026 02:41 ET (06:41 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}