On October 23, POP MART rose 3.11% intraday in Regular Trading, trading at HK$132.5, with turnover of HK$1.414 billion.

The latest market-moving development was renewed sentiment support after a well-known investor said he may continue buying the stock, though he would keep his holding below 10%. That followed a sharp multi-day selloff that had pushed the shares to yearly lows.

At the same time, the broader fundamental backdrop remains pressured. Recent market commentary pointed to weak third-quarter sales expectations, with one major bank forecasting third-quarter revenue could fall 37% year over year and full-year adjusted net profit could decline 27%, while another cut its target price to HK$124.4 and said earnings visibility remains limited as Labubu demand adjusts. The rebound therefore appears sentiment-driven rather than tied to an improvement in operating guidance.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)