POP MART's market cap evaporates over HK$200 billion as Labubu popularity fades, causing a stock price plunge

POP MART's stock has fallen over 40% from its peak, with a market cap loss of HK$200 billion and a 31% drop in institutional holdings. Labubu's hidden figures have seen a premium cut of over 50%, and regular styles are now trading below retail prices on second-hand platforms, with analysts predicting a shift from explosive to sustainable growth. AI-generated

Why it matters：Analyzes the impact of Labubu's fading popularity on stock prices and institutional holdings, revealing the transition risks in the art toy industry.

Source：Bing News: 泡泡玛特 · Read the original ↗