Tag: $Pop Mart

Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.

Pop Mart shares lost more than a fifth of their value on Wednesday, as concerns over the sustainability of the company’s Labubu plushies-driven growth overshadowed its blockbuster annual results.

Shares in Chinese toymaker Pop Mart reversed course to rise Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming global demand for its Labubu dolls.