POP MART shares fall 8.85% on HKEX, Morgan Stanley cuts target price to HK$203

POP MART shares fell as much as 8.85% at the open, hitting a 5-month low. Morgan Stanley cut the target price from HK$214 to HK$203, citing lower-than-expected Q2 sales. The stock is currently down 3.5% at HK$148.2. AI-generated

Why it matters：Stock drop and target cut reflect market concerns, offering key reference for investors.

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