智通财经网·2026-02-04 07:49Core Viewpoint - Pop Mart (09992) has announced London as its European headquarters and plans to open over 20 new retail stores in the U.S. in collaboration with Simon Property Group, indicating a strategic expansion into international markets [1] Group 1: Company Developments - Pop Mart's stock rose over 3% at the end of trading, closing at 237.6 HKD with a trading volume of 3.089 billion HKD [1] - The company repurchased 1.4 million ordinary shares for a total of 250 million HKD on January 19, and an additional 500,000 shares for 96.49 million HKD on January 21 [1] - Citigroup believes that the market undervalues Pop Mart's IP vitality and incubation capabilities, suggesting potential for increased investor confidence [1] Group 2: Market Expansion - The announcement of London as the European headquarters signifies Pop Mart's commitment to expanding its international presence [1] - The collaboration with Simon Property Group aims to establish a standard retail format in over 20 shopping centers across the U.S., enhancing brand visibility and accessibility [1] - The positive reception of new products outside the LABUBU series is expected to further boost investor confidence alongside the recent share buyback initiatives [1]