POP MART Shares Fall to 18-Month Low as Analysts Cite Pessimism Over Sales Data
Deep News
Oct 20
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%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.