Deutsche Bank says Pop Mart resilience despite weakening sales momentum
Deutsche Bank analyst Sammi Xu says Pop Mart’s shares remain more resilient than expected despite weakening sales momentum and disappointing 1H results, citing fund flows including an endorsement involving investor Duan Yong Ping.
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02:45:29 AM UTC
SquawkNews
Pop Mart's product launch under its Twinkle Twinkle intellectual property isn't likely to offset a high base, says Deutsche Bank's Sammi Xu in a note. The Chinese doll maker's online August sales declined 40% from a year earlier, deepening from a 21% decline in July, the analyst says, citing Moojin…
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