Regarding POP MART (09992.HK) -3.500 (-2.409%) Short selling $482.43M; Ratio 41.736% 's 22.96% rally over the past week and intraday surges between January 20 and 23, Bernstein said in its research report that these increases appear to be driven by strategic and news events, including stock buybacks and IP "heat", rather than a clear turning point in fundamentals.Based on a 12.3x P/E ratio on earnings forecasts for the next twelve months, Bernstein has lowered POP MART's target price from HKD225 to HKD181. It also kept the Underperform rating unchanged, anticipating that revenue growth, international expansion, and growth investments will weigh on margins.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related News M Stanley: Market Overreacts to POP MART (09992.HK), Still Undervalued by 20% Even in Worst-Case Scenario
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