Zhi Tong Cai Jing·2025-10-10 02:48Core Viewpoint - Pop Mart (09992) shares rose over 4%, reaching 273.8 HKD with a trading volume of 1.987 billion HKD, driven by strong consumer interest in new product launches and upcoming festive seasons [1] Group 1: Product Performance - On October 9, Pop Mart's new product series "WHY SO SERIOUS" and "MOKOKO" sold out immediately upon release [1] - The secondary market prices for the "WHY SO SERIOUS" hidden items reached 1999 HKD and 2099 HKD, significantly higher than the original price of 159 HKD [1] Group 2: Market Outlook - Morgan Stanley's recent report indicates that Pop Mart is expected to experience multiple consumer peaks in the coming months, including China's National Day and Western holidays such as Halloween, Thanksgiving, and Christmas [1] - The firm anticipates sustained sales momentum due to sufficient inventory of popular products, new launches, and store expansions [1]