HK Stock Market Move | POP MART (09992) rises by over 5%. Six departments issued documents encouraging the consumption of trendy toys and other goods. The company is entering the peak season for traditional sales.

POP MART (09992) surged more than 5%, rising by 4.85% to HK$229.2 as of the time of writing, with a turnover of HK$1.129 billion. On the news front, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Culture and Tourism, the People's Bank of China, and the State Administration for Market Regulation recently issued the "Implementation Plan on Enhancing the Compatibility of Consumer Goods Supply and Demand to Further Promote Consumption, emphasizing the expansion of diversified interest consumer supply. Actively developing interest consumer products such as pet peripherals, animation, and trendy clothing. Galaxy Securities believes in a positive outlook for the development of the company's overseas business in the consumer industry by 2026. The popular gaming platform Guzi recommends POP MART. In a recent research report, CICC International pointed out that the latest high-frequency data shows that sales data in the first week of November in the United States has once again returned to a higher growth rate. The bank expects the company's sales data in the US market to maintain a high growth rate during the Thanksgiving season in November and the Christmas season in December. China Post Securities also believes that Q4 is the traditional peak season for POP MART sales, with Halloween, Black Friday, and Christmas approaching, the core overseas markets in Europe and the US will experience strong demand for gifts and trendy consumer products.