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POP MART Tumbles 8%+ as Deutsche Bank Highlights Decline in Labubu Mkt Premium
Recommend 22 Positive 29 Negative 21 |
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POP MART (09992.HK) opened 0.5% higher this morning (8th) but then reversed to decline, last down 8.13% at HK$201.2. Trading volume was 13.813 million shares, involving HK$2.835 billion. Deutsche Bank published a report on the company, saying that Labubu's production capacity increased from 10 million units in 1H25 to a monthly average of 50 million units by the end of 2025 to meet surging demand. Since August, the market premium for Labubu and other popular IPs has subsided, the broker observed. Specifically, the premium for Labubu hidden editions has shrunk by more than 50%, while the prices for Labubu 3.0 and 4.0 regular editions on second-hand platforms have dropped below the official retail price. The broker rated POP MART at Hold with a target price of HK$228. AASTOCKS Financial News Website: www.aastocks.com |
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