15 Sep 2025 | 3 Mins Read
JP Morgan downgrade hits Pop Mart shares
Flipitmoney
Pop Mart International Group's shares declined 9% in Hong Kong to a month-low, after JPMorgan Chase downgraded the stock to neutral due to unattractive valuation and lack of catalysts. The Chinese toymaker's stock is trading at 23 times its 12-month forward earnings estimate, with the ratio of buy ratings dropping to 91%, the lowest in a year.