0307 GMT - Pop Mart International's 2026 revenue is expected to fall 8.0% this year, according to Citi analysts. Its weaker than expected 1H results and weak outlook sent shares 8.8% lower in early trade. Citi sees low visibility on sequential improvement in Pop Mart's 3Q results, while 4Q could benefit from end-year seasonality. Still, Citi expects the company's current focus on enhancing its organization capability could bear start to fruit in 4Q. "Long-term growth potential remains intact, in our view, despite short-term challenges," Citi added. The bank cuts its target price to HK$198.00 from HK$263.00 but retains its buy rating. Shares last 4.2% lower at HK$147.20.
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