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22393 UBPOMRT@EC2512A (CALL)
RT Nominal unchange1.030 0.000 (0.000%)

26/03/2024 15:42

{I-bank focus}Morgan raises Pop Mart (09992) to HKD38

[ET Net News Agency, 26 March 2024] Morgan Stanley raised the target price for Pop Mart
(09992) to HKD38 from HKD32 and maintained the "overweight" rating.
The research house said it expects Pop Mart's earnings growth to move onto the fast
track in the next 1-2 years, led by successful overseas expansion and new business
launches, in-line with well established plans. (RC)

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