POP MART hits 5-month low as Morgan Stanley cuts target price

POP MART's Hong Kong stock fell as much as 8.85% intraday, hitting a 5-month low. Morgan Stanley cut the target price to HK$203 from HK$214, citing lower-than-expected Q2 sales but highlighting margin resilience. AI-generated

Why it matters：Morgan Stanley cut the target price but highlighted margin resilience, reflecting market divergence on POP MART's performance.

Source：腾讯网 · Read the original ↗