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【Brokerage Focus】China Post Securities gives POP MART (09992) an initial "Buy" rating, citing the company's strong capabilities in IP acquisition, cultivation, and Operation.
Jinwu Financial News | China Post Securities issued a Research Report indicating that POP MART (09992) released the 2024 annual report and the 2025 Q1 report. In 2024, the company achieved revenue of 13.038 billion yuan, +106.92% year-on-year, with a net income of 3.125 billion yuan, +188.8% year-on-year. In Q1 of 2025, the company experienced a year-on-year revenue growth of 165-170%, with revenue from China increasing by 95%-100% year-on-year and overseas revenue increasing by 475%-480%. The bank stated that with internationalization and the launch of new products, the company's growth momentum is continuously increasing. 1) Going overseas: According to the company's plan, it will continue to enhance its international presence in 2025.
Capital movement | Northbound funds have aggressively bought 0.9 billion Hong Kong dollars of China Construction Bank Corporation, while continuously selling off Semiconductor Manufacturing International Corporation for three days.
Track the latest trends of southward capital.
Wanda Film Holding (002739.SZ): Has initiated co-branded collaborations with top IPs such as "Genshin Impact," "Honor of Kings," and POP MART's "Baby Molly."
On May 8, Gelonghui reported that Wanda Film Holding (002739.SZ) stated on the investor interaction platform that the company has currently collaborated with top IPs such as "Genshin Impact", "Honor of Kings", "Identity V", and POP MART's "Baby Molly", "Butter Bear", "Daisy Town", "Line Dog", among others, with related SKUs exceeding a hundred.
Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.
① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.
The identity of the mysterious seller of POP MART has been revealed, and Director Tu Zheng has sold all of his shares.
Fengqiao Capital responded to the clearance of shares by the founding Shareholder of POP MART, stating that its RMB Phase 1 Fund is about to expire and has cleared all POP MART Stocks through bulk Trades in three transactions. Meanwhile, the identity of POP MART Director Tu Zheng was revealed; he originally held 0.89% of the shares and sold all his shares through bulk Trades, resulting in his shareholding reducing to 0%.
Angel investor Tu Zheng has been supporting POP MART for many years! Liquidated assets of 2.1 billion yuan in a week.
① In the past week, Fengqiao Capital has concentrated on selling all the POP MART shares it bought before the IPO, totaling 11.91 million shares, accounting for 0.89% of the company's total equity, with a total cash amount of approximately 2.267 billion Hong Kong dollars. ② Although Tu Zheng took this opportunity to cash out from POP MART, the relationship between POP MART, Tu Zheng, and Fengqiao Capital remains close.