Pop Mart's Exposure on Chinese State Media Likely Positive Catalyst -- Market Talk
Dow Jones
Jul 22, 2025
0356 GMT - Pop Mart International's recent exposure on Chinese state media adds a positive catalyst to the company's share price, according to Nomura analysts in a research note. Chairman Wang Ning appeared on a Chinese state-media People's Daily interview, which may be regarded as a sign of regulator's endorsement of the company's high-value IP and its Chinese cultural export model, the analysts note. The company's IP-driven premium pricing power aligns with Beijing's strategy to shift its focus from low-value manufacturing products to premium cultural exports, they say. Nomura analysts keep a buy rating, and maintains a target price at HK$330.00. Shares are last traded at HK$248.80.(tracy.qu@wsj.com)
(END) Dow Jones Newswires
July 21, 2025 23:56 ET (03:56 GMT)
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