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Pop Mart Stock Soars 10% After Major Buyback Announcement

1/20/2026

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Story summary
  • Pop Mart, the Chinese toymaker, surged nearly 10% on January 20, 2026 after announcing its first buy-back in two years.
  • Hong Kong-listed shares opened at HK$198.70 and rose to HK$196.10 by noon, still below last year's HK$200.20 close.
  • Pop Mart repurchased 1.4 million shares for HK$251 million (US$32 million) at HK$177.70–HK$181.20.
  • Analysts cite management confidence and a strong balance sheet, supported by over 13 billion yuan (US$1.8 billion) in cash.