Xin Lang Cai Jing·2026-01-20 02:16Core Viewpoint - Pop Mart's stock surged over 10% to HKD 199 following the announcement of a share buyback plan worth HKD 251 million, indicating strong investor interest and confidence in the company's growth potential [1][1]. Group 1: Share Buyback Announcement - On January 19, Pop Mart announced a buyback of 1.4 million shares at a price range of HKD 177.7 to HKD 181.2 per share [1][1]. - This marks the first share buyback since the beginning of 2024, which is expected to attract more investors, particularly those looking for stock price catalysts [1][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 drivers and a clear long-term strategy [1][1]. - As of the end of last year, Pop Mart had RMB 20 billion in net cash, indicating ample financial resources to provide returns to shareholders [1][1].