泡泡玛特(09992_老虎社区_美港股上老虎

喜欢喝奶茶的Hymn
01-22

泡泡玛特(09992.HK)被摩根大通列为2026年中国消费板块首选标的，这是一个值得关注的信号。大行的认可通常基于其增长能见度与商业模式韧性。抛开估值，我认为其核心在于IP生命周期管理及线下门店体验的持续优化能力。能否将如SKULLPANDA等新IP成功培育为持续贡献收入的支柱，是未来观察重点。$泡泡玛特(09992)$

# 本周累涨25%！泡泡玛特能否重返升势？

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