Ge Long Hui·2026-01-23 02:04Core Viewpoint - The rising popularity of new IPs has led to a significant increase in the stock price of Pop Mart (9992.HK), which surged over 9% to reach 225 HKD, marking a new high since early December 2025 [1] Group 1: Product Launch - On January 22, Pop Mart announced the release of the 2026 Valentine's Day limited edition blind box series "Star People Heartbeat," which is the first Valentine's series for the Star People brand [1] - The hidden variants "Together Until Old" and "Together to Grow Old" have seen their transaction prices rise from 89 RMB to 699 RMB, representing a premium of 6.8 times, making it the highest premium product for Pop Mart in 2026 [1] - Among the regular variants, the "Heartbeat Signal" has also increased in transaction price to 289 RMB, reflecting a premium of 2.2 times [1]