Pop Mart markets $674m Hong Kong IPO

By Jonathan Breen
01 Dec 2020

Chinese toy company Pop Mart International Group has launched its IPO, looking to fund expansion with up to HK$5.2bn ($674m) in fresh capital.

The issuer is the largest and fastest-growing pop toy maker in China, based on its retail value last year and revenue growth from 2017 to 2019, respectively, according to a Frost & Sullivan report cited in the IPO prospectus. But the firm is eyeing further growth, which it ...

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