Pop Mart shares slump as Chinese toymaker warns it may miss 20% sales growth target
Shares of Chinese toymaker Pop Mart International Group slumped after the company’s management said it could miss the full-year 20 per cent sales growth target it had previously set.
Its shares fell as much as 8.9 per cent to HK$140.10 before paring the losses to 4.2 per cent at HK$147.70 as of 10am local time on Friday.
The sell-off came after the company reported weaker-than-expected earnings on Thursday night.
Wang Ning, founder and CEO of the Hong Kong-listed firm, sounded a note of caution...
此摘要由5News从媒体的公开信息源汇聚而成。 包含完整背景的全文在www.scmp.com — 内容归South China Morning Post - Business所有。
