The Business Times

Pop Mart

Companies & Markets

Pop Mart’s Labubu risks beanie baby-style collapse: analyst

The shares have fallen about 25% since Hu initiated her coverage of the Beijing-based toy firm with an “underperform” rating on Oct 16

The Hong Kong-listed stock’s drop followed a viral clip in which a Pop Mart employee appeared to question the value of a blindbox item during a Thursday livestream.
Companies & Markets

Pop Mart shares fall after live-streaming incident about pricing

The controversy coincides with a broader cooling in secondary market prices of the Labubu series

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