Beijing-based toymaker Pop Mart has reported a significant jump in its first-half profit, with net profit expected to rise by at least 350% from last year. The company attributes this growth to increased global recognition of its brand and intellectual properties, as well as diversified product categories. This news has led Japanese investment bank Nomura to lift its share-price estimate by 13%, while US investment bank Jefferies has raised its target price by 55%.
Source: https://www.scmp.com/business/china-business/article/3318340/chinese-toymaker-pop-mart-says-first-half-revenue-rise-200-year-earlier