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Pop Mart stock falls as overseas sales drop, Citi cuts outlook
Shares fell as much as 8.9% in Hong Kong after Asia-Pacific and Americas revenue declined, and Citi lowered its price target to HK$198
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scmp.com
China’s Pop Mart warns of looming headwinds, unveils buy-back plan
Decline in sales growth will be ‘difficult to reverse’ without a new product format or powerful celebrity endorsement, analyst says.
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China’s Pop Mart announces share buy-back worth up to US$740m
Decline in firm’s sales growth will be ‘difficult to reverse’ without a new product format or powerful celebrity endorsement, analyst says.
