News for Pop Mart International Group Limited (9992.HK)

Asian equities rebounded except for Mainland China and India as President Trump appeared to soften his tariff talk, though folks might be getting tariff PTSD or started to ignore it.

Stock buybacks at an all-time high. China remains deflationary. BRICS have loaded up on gold. Blackrock continues to push Bitcoin.

Pop Mart International Group Limited (9992 HK): Profitable Growth rank of 1 was up compared to the prior period’s 2nd rank.

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Asian equities had a strong day except for Hong Kong and Mainland China, which experienced light volumes and profit-taking following recent outperformance.

Key Takeaways: Collectible toymaker Kayou has filed for a Hong Kong IPO, with CICC, Morgan Stanley and JPMorgan as underwriters The market for collectible toys in China is growing fast, catering to consumers from the country’s expanding middle class By Warren Yang

Key Takeaways: Pop Mart announced it has purchased British partner Mogic Ltd. for an undisclosed price, the latest step in its recent global expansion The collectible toy seller’s overseas revenue grew between 160% and 165% in the first quarter, in sharp contrast with a 5% to 10% drop for its core mainland China sales

Miniso’s latest quarterly earnings beat market expectations as overseas growth offset a weak Chinese market.

Key Takeaways: Miniso’s latest quarterly earnings beat market expectations as overseas growth offset a weak Chinese market The company’s chairman is looking to open 1,000 new stores every year, half of them in China, as domestic demand rebounds By Lau Ming

Pop Mart said its third-quarter revenue fell between 5% and 10% year-over-year, deteriorating from an already-weak first half of 2022. Read more.

Key takeaways: Ubox has filed for a Hong Kong IPO despite reporting losses in the past two years due to pandemic-related disruptions to its core vending ...