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POP MART Rallies 8%+ on Partnership with Honor to Launch 1st Trendy Toy Smartphone, Shr Buyback
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POP MART (09992.HK) opened 5.2% higher today, and peaked at $196.7. It last printed at $196.2, rallying 8.52%, with a trading volume of 6.7317 million shares, involving $1.305 billion.

Honor and POPMART officially launched their first fully customized trendy toy smartphone, the "HONOR 500 Pro MOLLY 20th Anniversary Limited Edition", last night (19th), priced at RMB4,499.

Related NewsM Stanley: POP MART Launches 1st Shr Buyback in ~2 Yrs, Estimated to Hold RMB20B Net Cash by End-2025, Ample Resources to Reward Shareholders
The HONOR 500 Pro in Obsidian Black features the MOLLY Little Painter image. Apart from the customized body, the co-branded model also offers system customization, including MOLLY-themed wallpapers, charging effects, and photo watermarks, ensuring MOLLY accompanies users every time they light up their phone.

Furthermore, POP MART repurchased 1.4 million shares for the first time yesterday at a price per share ranging from $177.7 to $181.2, involving $251 million.
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