UBS: Reiterates bubble Mart (09992) as the industry's top choice with a target price of 329.2 Hong Kong dollars. Reiterates a "buy" rating.

According to the latest information from the Wise Finance APP, UBS has released a research report stating that the market response of Pop Mart (09992) shows that demand is still strong, with Labubu 3.0 still commanding a premium of about 50% in the second-hand market after restocking. The new series "Weird Convenience Store" fried shrimp has a premium of about 3 times, and the company has also raised the price of the previous generation Labubu in the American market. The bank believes that the company's profit forecast for the first half of the year and the Labubu animation will be the recent catalysts for the stock price; reiterating Pop Mart as the preferred choice in the Chinese retail industry, with a target price of HKD 329.2, and a reiterated "Buy" rating.