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Morgan Stanley raises the target price for Pop Mart to HKD 302, stating that its long-term scalability potential has yet to be priced in.
Jin10 data June 11 news, Morgan Stanley stated that the IP diversity and operational capabilities of Pop Mart (09992.HK) will bring lasting rise, although this year's growth momentum may have been priced in, its long-term scaling potential is likely not yet accounted for; raising its target price from HKD 224 to HKD 302.