Core Viewpoint - Pop Mart (09992) is experiencing a nearly 5% increase in stock price ahead of its mid-term earnings report, with expectations of significant revenue and profit growth for the first half of the year [1] Financial Performance - The company anticipates a revenue growth of no less than 200% year-on-year for the first half of the year [1] - Expected profit growth is projected to be no less than 350% year-on-year [1] Market Potential - Morgan Stanley suggests that Pop Mart's platform value may be underestimated, highlighting the company's current sales across four regions [1] - The primary source of the company's proprietary IP is from the Greater China region, with exceptions from Thailand's Crybaby and the USA's Peach Riot [1] - There is significant potential for Pop Mart to explore rich artistic resources in the United States, Europe, Japan, and Southeast Asia [1] - The firm expects that over the next 3-5 years, Pop Mart's IP and product portfolio will become more culturally diverse [1]