Jin Rong Jie·2025-11-26 08:05Group 1 - The core viewpoint of the article highlights that Pop Mart (09992) has seen a stock increase of over 3%, currently trading at 206.2 HKD with a transaction volume of 1.506 billion HKD [1] - According to recent research from Ping An International, high-frequency data indicates that U.S. sales data for the first week of November has returned to a high growth rate, suggesting that Pop Mart's sales in the U.S. market are expected to maintain strong growth during the Thanksgiving and Christmas seasons in November and December [1] - Zhongyou Securities also believes that Q4 is a traditional peak sales season for Pop Mart, with upcoming events like Halloween, Black Friday, and Christmas expected to drive strong demand for gifts and trendy toys in core overseas markets, particularly in Europe and the U.S. [1]