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Bernstein：需求轉弱 泡泡瑪特季績或遜預期

Future Wealths
Future Wealths
12 11 月, 2025
One Min Read
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彭博社報道，Bernstein稱，基於高頻數據，10月泡泡瑪特(9992)在中國和海外市場的需求惡化，各渠道交易也出現大幅減速，可能意味著公司四季度業績或低於市場預期。維持對公司「跑輸大市」評級，目標價225元。

原文: https://finance.mingpao.com/fin/instantf/20251112/1762914061525/bernstein-%E9%9C%80%E6%B1%82%E8%BD%89%E5%BC%B1-%E6%B3%A1%E6%B3%A1%E7%91%AA%E7%89%B9%E5%AD%A3%E7%B8%BE%E6%88%96%E9%81%9C%E9%A0%90%E6%9C%9F%22%20target=%22blank

Last Update: 12 11 月, 2025

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