Magzter GOLDで無制限に

Magzter GOLDで無制限に

10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。

$149.99
 
$74.99/年

試す - 無料

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.

Pop Mart shares plunge as Labubu craze cools

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.

The Straits Times からのその他のストーリー

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

time to read

3 mins

October 25, 2025

The Straits Times

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.

time to read

8 mins

October 25, 2025

The Straits Times

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

time to read

5 mins

October 25, 2025

The Straits Times

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

time to read

4 mins

October 25, 2025

The Straits Times

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.

time to read

4 mins

October 25, 2025

The Straits Times

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.

time to read

7 mins

October 25, 2025

The Straits Times

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

time to read

3 mins

October 25, 2025

The Straits Times

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.

time to read

14 mins

October 25, 2025

The Straits Times

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

time to read

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.

time to read

3 mins

October 25, 2025

Listen

Translate

Share

-
+

Change font size