HK Stock Market Move | POP MART (09992) is currently up over 4%. POP MART's jewelry brand POPOP is expected by CICC to enter the Hang Seng Index as a constituent stock.

POP MART (09992) is now up more than 4%, as of the time of writing, it is up 4.49% at 91.95 Hong Kong dollars, with a turnover of 2.89 billion Hong Kong dollars. On the news front, according to the POP MART official WeChat account, on January 10th, POP MART officially launched its accessory brand "POPOP." On January 15th, the new brand POPPOP of POP MART opened pop-up stores in Shanghai, Shenzhen, and Chengdu, focusing on releasing three major IPs: molly, skullpanda, and xiaoye, showcasing the brand's design philosophy. In addition, Debon Securities believes that the pop-up stores are another attempt by the company to continuously improve the commercialization of its IPs. Furthermore, Hang Seng Index Company will announce the results of the Hang Seng Series Index semi-annual review after the market closes on February 21st. China International Capital Corporation (CICC) stated that in terms of Hang Seng Index adjustments, POP MART and others are among the front runners for potential inclusion. Morgan Stanley also pointed out that POP MART's sales in the Chinese market accelerated in the fourth quarter of last year, while overseas markets continued to achieve rapid growth.