According to the Deutsche Bank report, the potential market size of Bubble Mart is far larger than previously estimated. The company's Labubu brand recently gained strong momentum. According to Deutsche Bank, an anime IP can break down cultural barriers while being welcomed by Asian culture and mainstream Western pop culture. This situation is not common. Bubble Mart's performance this year and beyond still has great potential to exceed expectations and raise expectations. Deutsche Bank added that Labubu's globalization trend may further boost demand in the Chinese market. The bank's analysts say there may be potential upside by cross-selling other characters in the same series as well as Bubble Mart's other IPs. Deutsche Bank maintained its buy rating on the share and raised its target price from HK$200.00 to HK$303.00.

According to the Deutsche Bank report, the potential market size of Bubble Mart is far larger than previously estimated. The company's Labubu brand recently gained strong momentum. According to Deutsche Bank, an anime IP can break down cultural barriers while being welcomed by Asian culture and mainstream Western pop culture. This situation is not common. Bubble Mart's performance this year and beyond still has great potential to exceed expectations and raise expectations. Deutsche Bank added that Labubu's globalization trend may further boost demand in the Chinese market. The bank's analysts say there may be potential upside by cross-selling other characters in the same series as well as Bubble Mart's other IPs. Deutsche Bank maintained its buy rating on the share and raised its target price from HK$200.00 to HK$303.00.