TURNOVER ON SSE AND SZSE EXCEEDED 1TN YUAN, DOWN 60BN YUAN FROM SAME TIME PREVIOUS SESSION

Pop Mart’s earnings may come under pressure in 2026 amid weakening demand for its collectible IPs in China and slowing overseas sales, Deutsche Bank’s Sammi Xu says. She points to softer secondary-market prices for recently launched The Monsters and Twinkle Twinkle toys. Rising inventory levels also suggest risks of overstocking and potential clearance pressure for the company behind the Labubu franchise, Xu notes. Deutsche Bank forecasts 2026 adjusted net profit at CNY11.5 billion, 24% below consensus, and maintains a sell rating while cutting its price target to HK$140 from HK$157.

据伊朗迈赫尔通讯社：阿巴斯港市再次传出爆炸声。