泡泡玛特上涨近5% 创2021年3月以来新高

Stock Performance - The stock price of Pop Mart surged nearly 5% during the trading session, reaching a new high since March 2021, with a year-to-date increase of over 330% and a market capitalization approaching HKD 120 billion [1] Sales and Profit Growth - Total sales and adjusted profit are expected to grow by 27% and 29% year-over-year, respectively [2] - The growth is attributed to increased IP awareness, expanded product categories, increased number of overseas stores, diversified channels, and improved supply chain [3] Market Expansion - Pop Mart's global market expansion trend is expected to continue into next year, with sales in China and overseas markets projected to grow by 14% and 47% respectively by 2025 [1] Analyst Rating - CLSA maintains an "Outperform" rating on Pop Mart and raised the target price by 21.7% to HKD 84 [4]