Guohai Securities released a weekly tracking note on Pop Mart (9992.HK), noting a 33% week-over-week increase in global TikTok GMV and a 59% increase in US TikTok GMV for the week of Oct 4-10. The broker also highlighted upcoming product launches, including The Monsters plush pendants and action figures, and provided a 2026 revenue forecast of RMB 34.9 billion.
Guohai Securities remains bullish on Pop Mart, citing robust US TikTok sales and a pipeline of new products that could sustain growth.
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