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POP MART Opens Down 6%+ at HKD233.2 amid Reports of Massive Labubu Doll Restocking
Recommend 18 Positive 27 Negative 36 |
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As POP MART (09992.HK)'s popular blind box series Labubu has been massively restocked through its mall mini-program and other channels, many consumers reported successful purchases, which have resulted in a decline in Labubu's transaction prices in the secondary market, according to Chinese media reports. Reports also mentioned that Labubu has launched its first online presale in order to meet purchase demand from more people. Affected by the news, POP MART's stock price opened 6.19% lower today at HKD233.2. AAStocks Financial News |
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