Ge Long Hui·2026-01-20 01:38Core Viewpoint - Pop Mart (9992.HK) has initiated a share buyback program, signaling strong growth and financial health, which may attract more investors [1] Group 1: Share Buyback Announcement - Pop Mart announced a share buyback of 1.4 million shares at a cost of HKD 251 million, with a buyback price range of HKD 177.7 to HKD 181.2 per share [1] - This marks the first share buyback since early 2024, indicating a strategic move to enhance shareholder value [1] Group 2: Financial Performance and Projections - Morgan Stanley projects that Pop Mart's net profit will reach RMB 12.6 billion by 2025, reflecting strong growth potential [1] - The company reported a net cash position of RMB 20 billion at the end of last year, demonstrating ample financial resources to provide returns to shareholders [1] Group 3: Market Sentiment and Investor Interest - The share buyback is expected to attract more investor attention, particularly from those looking for catalysts to drive stock price appreciation [1] - Pop Mart's growth drivers are clear, and the long-term investment logic remains solid, according to market analysts [1]