Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Pop Mart shares plunge as Labubu craze cools
The Straits Times
|October 24, 2025
HONG KONG - Pop Mart International Group shares plunged on Oct 23, reflecting renewed concerns about the toymaker’s long-term sales outlook despite a strong third-quarter performance.
-
Labubu figurines on display at an exhibition in Shanghai, China, on Oct 15. Pop Mart's shares have lost steam in recent months and are down about 30 per cent since a late-August peak, hurt by profit-taking and concerns that frenzied demand for its products is unlikely to be sustained.
(PHOTO: BLOOMBERG)
The Hong Kong-listed stock dropped 12.3 per cent as at 1.10pm. The counter eventually ended 9.4 per cent lower on Oct 23.
The decline reversed a 2.4 per cent gain on Oct 22, after the manufacturer of popular Labubu dolls reported annual revenue growth of as much as 250 per cent in the three months ended September.
Diese Geschichte stammt aus der October 24, 2025-Ausgabe von The Straits Times.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Straits Times
The Straits Times
Fun and fast electric sport tourer
Made in California, the Zero SR/S is thoughtfully designed and enjoyable to ride
3 mins
October 25, 2025
The Straits Times
An era of possibility: Renewing economic order and shared purpose
There are few grounds for optimism in a future grounded in nations' collective interests. But it is our responsibility to make it possible.
8 mins
October 25, 2025
The Straits Times
PM Takaichi lays out national vision to return Japan to 'top of global stage
With a minority government, she needs to forge cross-party cooperation to succeed
5 mins
October 25, 2025
The Straits Times
BYD Sealion 7 cashes in on COE system
The premium electric car has been tuned to make just 100kW of power, qualifying it for Category A COE
4 mins
October 25, 2025
The Straits Times
WEMBY'S RECOVERY PATH TO RESILIENCE
In this series, The Straits Times highlights the players or teams to watch in the world of sport. Today, we focus on the San Antonio Spurs’ French star Victor Wembanyama and his unorthodox way of dealing with injury.
4 mins
October 25, 2025
The Straits Times
Chinese-Vietnamese youth turn to social media to find their roots
Interest in their heritage and language being revived, with a boost from contest posted online.
7 mins
October 25, 2025
The Straits Times
Bugs take some shine off steroidal IM 6
The Chinese newcomer's luxe SUV punches above its weight in the performance sweepstake
3 mins
October 25, 2025
The Straits Times
Proton v BYD: The fate of Asean's national cars
While Chinese EV makers are dominant, South-east Asia's car brands are giving them a run for their money.
14 mins
October 25, 2025
The Straits Times
Asean on track to sign digital economy agreement in 2026
DPM Gan calls it a 'significant breakthrough' for members of the bloc
4 mins
October 25, 2025
The Straits Times
S'pore will decarbonise, but not at the expense of livelihoods, energy security: Tan See Leng
Singapore will press ahead with decarbonisation, but not at the expense of livelihoods and energy security.
3 mins
October 25, 2025
Listen
Translate
Change font size