POP MART shares fell as much as 5.8% in Hong Kong on Tuesday, hitting their lowest intraday level since April 2025.

Analysts said the market holds a relatively pessimistic view on the company's third-quarter sales data.

Jeff Zhang, an Asian equity analyst at Morningstar, said that according to third-party monitoring data, POP MART (ASX: 09992) saw its third-quarter sales decline by more than 50% year on year; in addition, the company has yet to confirm the date for its earnings release, amplifying investor concerns.

POP MART (ASX: 09992) dropped 4.6% to HK$135.60, ranking among the biggest decliners on the Hang Seng Index; the Hang Seng Index fell 0.9%.