Xin Lang Cai Jing·2026-02-02 02:50Core Viewpoint - Pop Mart (9992.HK) experienced a nearly 5% increase in stock price, reaching 234.2 HKD, with a trading volume exceeding 15 billion HKD on February 2 [1][5]. Financial Performance - The stock opened at 223.8 HKD and had a closing price of 223.6 HKD the previous day, with a trading volume of 6.7633 million shares [2][6]. - The highest price during the trading session was 234.2 HKD, while the lowest was 223.2 HKD, resulting in a price fluctuation of 4.92% [2][6]. - The average price recorded was 230.9 HKD, with a total market capitalization of 308.287 billion HKD [2][6]. Strategic Developments - At the recent UK-China Business Forum, Pop Mart's founder Wang Ning announced the establishment of London as its European headquarters [2][3]. - The company plans to open seven new stores in the UK, including flagship locations in Birmingham, Cardiff, and Oxford Street, and aims to expand to 20 stores across Europe, creating over 150 jobs in the UK [2][3][6]. Creative Integration - Wang Ning emphasized that London serves as a core of the global creative ecosystem, making it a strategic choice for the brand to deepen its presence in Europe and globally [3][7]. - The establishment of the European headquarters will enable Pop Mart to integrate global creative resources and collaborate with outstanding artists in Europe, enhancing the value of its IP and promoting cultural exchange [3][7].