Lates News

Citigroup raised Bubble Mart's profit forecast and raised its target price from HK$308 to HK$384.5. It is expected that the company will continue to maintain growth momentum in the second half of the year driven by the popularity of IPs, overseas expansion, replenishment, and new product launches. Citigroup believes that the recent pullback in the stock price has made the valuation more attractive, providing a good opportunity to enter the market.