Core Viewpoint - Pop Mart has initiated a share buyback of 1.4 million shares for approximately HKD 251 million after experiencing a significant decline in stock price over the past five months [2][5]. Group 1: Share Buyback Details - On January 19, Pop Mart announced the repurchase of 1.4 million shares at a price range of HKD 177.7 to HKD 181.2 per share [2][4]. - Following the buyback, the total number of issued shares (excluding treasury shares) will decrease from 1,342,943,150 to 1,341,543,150 [4]. Group 2: Market Performance and Analysis - Since reaching a high of HKD 339.8 in late August 2025, Pop Mart's stock has declined over 43%, with its market capitalization shrinking from over HKD 400 billion to HKD 242.8 billion [5]. - Analyst Jeff Zhang from Morningstar noted a potential slowdown in domestic revenue growth for Pop Mart in Q4 2025, citing inventory buildup of certain Labubu products as an indicator of waning interest in older products [5]. - Despite concerns over short-term revenue fluctuations, Zhang maintains a fair value estimate of HKD 280 for Pop Mart, suggesting that the current valuation is attractive [5].

Group 1 - The core point of the article is that Pop Mart has initiated a share buyback program, spending approximately HKD 251 million to repurchase 1.4 million shares after experiencing a significant decline in stock price over the past five months [2][3] - The share buyback occurred at a price range of HKD 177.7 to HKD 181.2 per share, indicating the company's confidence in its valuation despite recent market fluctuations [2] - Following a peak of HKD 339.8 per share in late August 2025, Pop Mart's stock has seen a decline of over 43%, with its market capitalization shrinking from over HKD 400 billion to HKD 242.8 billion [3] Group 2 - Analyst Jeff Zhang from Morningstar noted that Pop Mart's domestic revenue growth may slow in Q4 2025, with some Labubu products facing inventory buildup, suggesting a waning interest in older products [2] - Despite concerns over short-term revenue fluctuations, the fair value estimate for Pop Mart remains at HKD 280, indicating that the current valuation may be attractive for investors [2]

Group 1 - The core point of the article is the collaboration between Honor and the trendy toy brand Pop Mart, resulting in the launch of the Honor 500Pro MOLLY 20th Anniversary Limited Edition smartphone priced at 4499 yuan [1] - The smartphone features a main color of obsidian black and incorporates the classic image of MOLLY, reflecting a spirit of free creativity and expression [1] - The collaboration includes deep customization of the device, with a dedicated MOLLY theme, wallpapers, custom charging animations, and personalized photo watermarks [1] Group 2 - The Honor 500Pro MOLLY limited edition gift box is designed with a "travel case" concept, featuring a light-up cover and containing various exquisite accessories such as a wax seal invitation, MOLLY color window card, retro camera-shaped phone case, custom SIM card ejector, phone strap, and creative film stickers [3] - To enhance the festive atmosphere for the Spring Festival, the gift box includes MOLLY-themed red envelopes and refrigerator stickers [3] - This collaboration marks a significant step for Honor in its strategy to appeal to a younger and trendier consumer base [3]

Group 1 - The core event is the launch of the Honor Magic8 Pro Air and the collaboration with Pop Mart for the "Honor 500 Pro MOLLY 20th Anniversary Limited Edition" [2][4] - The retail price of the limited edition phone is set at 4499 yuan, with a national subsidy bringing the effective price down to 3999 yuan, and it will officially go on sale on January 25 at 10:08 AM [2][4] - This product marks the first fully customized trendy phone by Honor in collaboration with Pop Mart, featuring a custom design that includes the MOLLY artist character [2][4] Group 2 - The collaboration includes not only a custom physical design but also system customizations such as a MOLLY exclusive theme, wallpapers, charging effects, and photo watermarks [2][4]

Core Insights - Honor has launched the "Honor 500 Pro MOLLY 20th Anniversary Limited Edition" in collaboration with Pop Mart, marking their first fully customized trendy smartphone [1][2] - The device features a custom design with a black body paired with the MOLLY character, enhancing its appeal to collectors and fans of the brand [1][2] - The collaboration includes system customizations such as exclusive themes, wallpapers, charging effects, and camera watermarks featuring MOLLY [1][2]

Core Viewpoint - Pop Mart announced a share buyback plan, intending to repurchase 1.4 million shares at a total cost of HKD 251 million, with a per-share buyback price ranging from HKD 177.7 to HKD 181.2 [1] Group 1 - The company plans to execute the buyback on January 19, 2026 [1] - The total expenditure for the buyback is set at HKD 251 million [1] - The number of shares to be repurchased is 1.4 million [1]

Core Viewpoint - Pop Mart (09992.HK) plans to repurchase 1.4 million shares at a total cost of HKD 251 million, with a per-share repurchase price ranging from HKD 177.7 to HKD 181.2 [1] Group 1 - The company will execute the share buyback on January 19, 2026 [1]

Group 1 - The company, Pop Mart (09992), announced a share buyback plan, intending to repurchase 1.4 million shares at a total cost of HKD 251 million [1] - The buyback price per share is set between HKD 177.7 and HKD 181.2 [1]

Group 1 - The company, Pop Mart (09992.HK), announced a share buyback of 1.4 million shares at a cost of HKD 250 million on January 19 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 泡泡瑪特國際集團有限公司 呈交日期： 2026年1月19日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 (i) 上市發行人已收取其在是次股份發行或庫存股份出售或轉讓應得的全部款項； (viii) 有關債券、借貸股份、票據或公司債券的信託契約/平邊契據經已製備及簽署，有關詳情已送呈公司註冊處處長存檔（如法律如此規定）。 第一章節註釋： 若股份曾以超過一個每股價格發行/出售/購回/贖回，則須提供每股成交量加權平均價格。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | ...