WIND人气榜单第1名！这家公司自低点飙升23倍后，德银仍继续看多

Group 1 - The core viewpoint of the article highlights the significant rise in Pop Mart's stock price and market valuation, with Deutsche Bank raising its target price from 200.00 HKD to 303.00 HKD, reflecting confidence in the company's growth potential [1][4] - Pop Mart's stock has surged over 23 times since its low in 2022, with a year-to-date increase of approximately 186% [3][4] - The Labubu series has emerged as Pop Mart's strongest performing product, with sales in the US and European markets increasing by about 800% and 500% year-on-year, respectively [6] Group 2 - The global toy market is substantial and is expected to grow steadily, with the market size increasing from 631.2 billion CNY in 2019 to 773.1 billion CNY in 2023, reflecting a compound annual growth rate (CAGR) of 5.2% [7] - The Chinese toy market is anticipated to accelerate in growth due to expanding consumer demographics, increasing preference for IP toys, and improvements in local companies' R&D and product quality [7]