PANews, December 9—At the close of the Hong Kong stock market, Hong Kong stocks fluctuated and fell today. The Hang Seng Index closed down 1.29% at 25,434.23 points, and the Hang Seng Tech Index closed down 1.9% at 5,554.68 points. Market turnover reached HK$210.236 billion. On the sector front, pharmaceutical stocks bucked the trend and strengthened, while the nonferrous metals sector led the declines. Commercial aerospace and elderly care concepts were among the top decliners, and tech and consumer stocks performed weakly. As for individual stocks, Ascletis Pharma (01672.HK) rose 18%, FIT Hon Teng (06088.HK) rose 11%, and JOINN Laboratories (06127.HK) rose 5.9%. On the other hand, Metallurgical Corporation of China (01618.HK) fell 21%, and China Molybdenum (03993.HK), Jiangxi Copper (00358.HK), Hua Hong Semiconductor (01347.HK), Pop Mart (09992.HK), and East Buy (01797.HK) also declined.

POP MART's stock price has recently plummeted by 8.49%, marking its largest six-week decline, as market concerns over its overseas sales performance intensify, especially due to disappointing Black Friday sales data. Despite a significant surge in third-quarter earnings, analysts have expressed concerns about its future growth momentum.

Capybobo launches doll clothing blind boxes, drawing inspiration from the Pop Mart model, combined with the PYBOBO token to achieve wealth leaps. It uses a transparent rarity system and airdrop incentives to enhance liquidity, aiming to serve a 48 billion yuan market, with a recent launch.

The CRYBABY from Pop Mart has launched a brand new "Vacation Mode" series of mystery boxes, which includes 6 regular items and 1 hidden item, and it quickly sold out after release. The hidden item "Mermaid's Tear" saw its price rise from 129 yuan to 999 yuan, a premium of 6.7 times, which is lower than the 14 times premium performance of the previous series.

Gate News Bot news, on September 26, according to CoinMarketCap, as of the time of writing, LABUBU (LABUBU SOL) is currently reported at $0.01, with a rise of 24.77% in the last 24 hours, reaching a high of $0.01 and a low of $0.00. The current market capitalization is approximately $6.1 million, an increase of $1.21 million compared to yesterday. Recent important news about LABUBU: 1️⃣ **Market sentiment warms up, prices strongly rebound** LABUBU (LABUBU SOL) price has rebounded significantly after experiencing a previous decline. It rose 24.77% within 24 hours, with a market capitalization increase of 1.21 million USD, indicating a clear improvement in market sentiment and strengthened buying power. 2️⃣ **Pop Mart Optimizes Market Strategy to Boost Investor Confidence** Bubble

Gate News Bot news, on September 22, according to CoinMarketCap data, LABUBU (LABUBU SOL) is currently priced at 0.01 USD, having fallen 7.32% in the last 24 hours, with a high of 0.01 USD and a low of 0.01 USD. The 24-hour volume reached 5.88 million USD. The current market capitalization is approximately 5.29 million USD, a decrease of 417,700 USD from yesterday. Important news about LABUBU recently: 1️⃣ **LABUBU resale price fall raises market concerns** Recently, the resale price of LABUBU has shown a falling trend, raising concerns in the market about a possible decline in its popularity. This phenomenon has led to a pullback in related stocks, reflecting investors' short-term doubts about the value of LABUBU IP. 2️⃣ **Pop Mart takes measures

Jin10 data reported on September 19 that Citigroup released a report stating that it believes the recent pullback in the stock price of Pop Mart (09992.HK) is mainly due to market concerns over the declining resale prices of LABUBU. Citigroup does not believe this is a sign of decreasing IP popularity. On the contrary, the group's restocking initiatives based on real demand, as well as measures to improve customer experience and curb resale activities, should help enhance the competitiveness of the IP in the long run. Citigroup recommends that investors pay more attention to sales trends, especially the phenomenon of rapid sell-outs in its own channels, which is still ongoing. Therefore, it reiterates a "buy" rating and maintains a target price of 398 HKD.

Jin10 data September 12 news, the independent jewelry brand popop under Pop Mart officially launched its solid gold series. This is the brand's first solid gold series product. The product is designed for IP Baby Molly and includes gold beads, pendants, gold bars, and ornaments. According to a relevant person in charge at Pop Mart, the group-based strategy centered on IP has always been one of Pop Mart's core strategies, and the opening of popop's first global store in June this year is a very representative attempt within this strategy. The launch of the solid gold series continuously extends popop's product boundaries and is a concrete embodiment of Pop Mart's deep extension of IP value.

Gate News Bot news, on September 1, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at $0.01, falling 14.10% in the last 24 hours, reaching a high of $0.01 and a low of $0.01. The current market capitalization is approximately $6.13 million. Important news about LABUBU recently: 1️⃣ **Pop Mart launches mini version of LABUBU new product** POP MART officially announced the launch of the mini version of LABUBU on August 22, with the product divided into two ends, A/B, each containing 14 regular styles and 1 hidden style. The price of a single blind box is 79 yuan, and the price for the complete set is 1106 yuan. The new product began online sales on August 28 at 22:00 and will be available offline the next day. The launch of this new product is expected to enhance LAB

Jin10 reported on August 29 that Pop Mart (09992.HK) announced that on August 29, 2025, the company will grant 58,362 rewards to the grantees representing the same number of relevant shares according to the terms of the share reward plan after the initial public offering, but they must be accepted before they can take effect.

Gate News Bot news, on August 28, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at $0.01, with a rise of 2.58% in the last 24 hours, peaking at $0.01 and dropping to a low of $0.01. The current market capitalization is approximately $8.15 million, an increase of $205,000 compared to yesterday. LABUBU recent important news: 1️⃣ **Pop Mart launches mini version of LABUBU new product** Pop Mart officially announced the launch of the mini version of LABUBU on August 22. The product is divided into two ends, A/B, with each end containing 14 regular items and 1 hidden item. The price of a single blind box is 79 yuan, and the price for the entire set is 1106 yuan. The new product will be available online starting August 28 at 22:00, and will be available offline the next day. This new

Jin10 data reported on August 22, on August 22, Pop Mart officially announced the mini version of the LABUBU new product, which is divided into A/B sections, each containing 14 regular styles and 1 hidden style. The probability for regular styles is 1:14, and the probability for hidden styles is 1:168. The price of a single mystery box is 79 yuan, and the price for the whole set is 1106 yuan. The online sale time for the new product is August 28 at 22:00, and the offline sale time is August 29.

Gate News Bot message, August 22, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at $0.01, falling by 5.96% in the last 24 hours, with a high of $0.01 and a low of $0.01. The current market capitalization is approximately $8.59 million, a decrease of about $544,700 compared to yesterday. LABUBU Recent Important News: 1️⃣ **Bubble Mart's market capitalization hits a new high, launching a mini LABUBU** Recently, Pop Mart's stock price has surpassed 298 HKD, and its market capitalization is close to 400 billion HKD, setting a new historical high. The company plans to launch a mini version of LABUBU soon, which may bring new attention and potential user base to the LABUBU project. However, the LABUBU token price has not benefited from this positive news.

On August 21, Jin10 reported that CMB International released a research report indicating that Pop Mart (09992.HK) had a strong performance in the first half of the year. The bank raised its profit forecast for 2025-27 by 39-49% and increased the target price to HKD 394. The company remains the bank's top pick in the consumer sector, and the bank continues to be optimistic about the company's IP operation capabilities and global expansion progress, reaffirming its 'Buy' rating. The report stated that the company's performance in the first half of 2025 saw explosive growth, with revenue reaching 13.88 billion yuan (the same below), a year-on-year rise of 204.4%. The adjusted net profit attributable to shareholders reached 4.71 billion yuan, a significant year-on-year rise of 362.8%. The gross profit margin and adjusted net profit margin increased by 6.3 and 11.6 percentage points year-on-year to 70.3% and 33.9%.

Jin10 data reported on August 20, Pop Mart (09992.HK) rose nearly 7%, with its stock price breaking 300 HKD, reaching a historic high, and its market capitalization exceeding 400 billion HKD.

PANews, August 20 news, Pop Mart rose nearly 6%, with its stock price breaking 298 Hong Kong dollars, approaching 300 Hong Kong dollars, and its market capitalization nearing 400 billion, setting a new historical high; CEO Wang Ning stated at the earnings release that he hopes to achieve 20 billion RMB in revenue this year, feeling that reaching 30 billion RMB this year is also quite easy; and the company will soon release a mini version of LABUBU; the company expects a net profit margin of around 35% this year.

Jin10 data reported on August 20, the CEO of Pop Mart, Wang Ning, stated at the earnings release that he does not believe it is unhealthy if one IP accounts for a particularly large share. I think this proportion is actually not that important for us. We believe that each IP has its own characteristics. Pop Mart's financial report shows that in the first half of this year, THE MONSTERS, where LABUBU is located, generated revenue of 4.81 billion yuan, accounting for 34.7%.

Gate News Bot news, August 20, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at 0.01 USD, having fallen by 10.51% in the last 24 hours, with a high of 0.01 USD and a low of 0.01 USD. The 24-hour trading volume reached 6.13 million USD. The current market capitalization is approximately 7.97 million USD, a decrease of 935,800 USD compared to yesterday. Important news about LABUBU recently: 1️⃣ **POP MART collaborates with LABUBU to launch an NFT series** The renowned trendy toy brand POP MART has teamed up with LABUBU to launch a limited edition NFT series on the Solana blockchain. This collaboration combines physical trendy toys with digital collectibles, which is expected to bring more attention and potential for LABUBU.

Gate News Bot news, on August 19th, according to CoinMarketCap data, as of the time of this report, AB (AB) is currently priced at $0.01, having risen 7.55% in the last 24 hours, with a peak of $0.01 and a low of $0.01. The current market capitalization is approximately $703 million, an increase of $49.3 million compared to yesterday. AB is a modular blockchain design that connects the Internet of Things, payments, gaming, and finance. AB provides tools such as wallets, connectors, browsers, and NFT viewers, and offers technical documentation and integration guides for developers. The total supply of AB is 100 billion coins, and it is currently listed on several well-known exchanges. Important news about AB recently: 1️⃣ **Launch of limited edition NFT series in collaboration with POP MART** AB has reached a collaboration with the famous trendy toy brand POP MART, in

Gate News Bot news, on August 15, according to CoinMarketCap, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at $0.01, having fallen by 20.51% in the last 24 hours, with a high of $0.02 and a low of $0.01. The current market capitalization is approximately $8.15 million, a decrease of about $2.1021 million compared to yesterday. Important news about LABUBU recently: 1️⃣ **POP MART collaborates with LABUBU to launch NFT series** The well-known trendy toy brand POP MART has teamed up with LABUBU to launch a limited edition NFT series on the Solana blockchain. This collaboration combines physical trendy toys with digital collectibles, bringing more attention and potential users to LABUBU. 2️⃣ **LABUBU launches mysterious blind boxes

The DBS research report predicts that Pop Mart's revenue and profit will rise by more than 1.4 times and 1.8 times, respectively, driven by demand for its own IP in 2023. Despite facing short-term risks, the bank believes that the company's diversified product portfolio and innovative model will build a robust mid-term outlook, initiating a "buy" rating with a target price of HKD 312.

River Mart is a new task of the River protocol, where users can mint NFTs on designated chains and unlock mysterious NFTs, earning 24 million River Pts. The protocol supports cross-chain collateral asset minting of stablecoins, achieving over 400 million USD in TVL and 100 million in Circulating Supply, covering multiple chains and various use cases.

Jin10 reported on July 23 that Pop Mart is suing the convenience store chain 7-Eleven in the United States, accusing it of selling counterfeit versions of LABUBU dolls. Pop Mart has confirmed this matter.

Jin10 data reported on July 16 that Citigroup released a research report stating that Pop Mart (09992.HK) announced a profit warning yesterday, expecting mid-term revenue to rise over 200% year-on-year, with profit growth of at least 350% year-on-year, estimating net profit to exceed 4.17 billion yuan and revenue to exceed 13.7 billion yuan, surpassing Citigroup and market expectations. Citigroup believes that the global recognition of IPs such as LABUBU continues to rise, driving Pop Mart's second quarter performance significantly above expectations. Although the base is high, it is expected that the growth momentum will remain strong in the second half of the year due to sustained IP popularity, overseas expansion, replenishment plans, and new product launches.

Gate News bot reported that Mai Gang, the first investor of Pop Mart, recently stated in a podcast interview, "Bitcoin has been a very important experience in my career. Once, during a forum for alumni of Renmin University, the host asked me why I am so fond of Bitcoin, while various big bulls like chief economists have not caught on or seen it? First of all, I certainly am not a top student. Secondly, I am not a poor student either, but the result is that I only remember the most important things that my teachers taught me, which are those common sense or truths."

Jin10 Data, July 3 - On July 3, social media reported that Pop Mart acquired the building at 149-151 Oxford Street, London, through a Singapore company, with a transaction price of £63 million. In response, an insider from Pop Mart stated: "False news."

On June 27, Jin10 reported that Morgan Stanley released a research report stating that it has raised its earnings per share forecasts for Pop Mart (09992.HK) for 2025, 2026, and 2027 by 6%, 15%, and 21% respectively, to reflect the company's clearer growth path in North America and Europe. For 2025, the most optimistic profit expectations in the industry still significantly exceed the bank's adjusted forecasts. The bank believes that Pop Mart's combination of a rich and diverse IP matrix with operational skills is expected to create sustainable growth, and the current stock price does not reflect the potential for long-term scale.

Jin10 reported on June 26 that Ginza Co., Ltd. announced an abnormal fluctuation in stock trading. Recently, some investors have followed whether the company's stores sell Pop Mart related products. The company mainly engages in retail business, and some offline stores have leasing merchants selling related products. The company collects leasing fees, and the revenue from this business accounts for no more than 0.02%.

On June 23, Jin10 reported that Xuan Ya International stated on the interactive platform that as of now, the company has no direct cooperation with Pop Mart.

BlockBeats news, on June 20, the Hong Kong stock market and the Meme coin market experienced a correlated decline. Pop Mart (HK.9992) saw its stock price fall by 5.15% today, currently reported at 235.8 HKD, having pulled back over 16% from its historical high. At the same time, the Meme coin LABUBU, based on its trendy toy IP, saw its market capitalization drop below 28 million USD, with a big dump of 20.4% within 24 hours, leading to a rapid cooling of sentiment. BiyaPay analysts pointed out that this type of "coin-stock linked pullback" may indicate short-term risk release, but for experienced traders, it also presents a potential opportunity—whether shorting Pop Mart's Hong Kong stock or executing reverse operations in the crypto world, flexible trading can be achieved through USDT. Come to BiyaPay now to seize trading opportunities brought by market fluctuations: 1. Supports trading with USDT.

BlockBeats news, on June 20th, according to market information, Hong Kong stock Pop Mart today fell over 5.15%, with the current stock price reported at 235.8 Hong Kong dollars, down over about 16.8% from its historical high. According to GMGN market information, the Meme coin LABUBU, based on the Pop Mart潮玩 IP, has a market capitalization that has fallen below 28 million USD, currently reported at 27.89 million USD, with a 24-hour decline of 20.4%. BlockBeats reminds users that Meme coin prices fluctuate greatly, and users should invest with caution.

According to Gate News bot, as reported by Bloomberg, the stock price of Pop Mart International Group Ltd. plummeted in Hong Kong after Chinese state media published comments calling for stricter regulation of companies providing "blind boxes" and "mystery boxes."

Yuanlong Yatu stated during its interaction with investors that in 2024 it will provide co-branded marketing gifts and related services for Pop Mart, with expected revenue of approximately 2.21 million yuan, which is a small portion of the overall revenue. There is no revenue recognition related to this in 2025. Investors should be aware of the risks.

Jin10 reported on June 17 that Hanshuo Technology stated on the interactive platform that the company is a provider of digital solutions for pan-retail stores, with a focus on internet of things wireless communication technology. Currently, the company's electronic price tag system products and solutions have been applied to the overseas stores of Pop Mart.

LABUBU Meme coin market capitalization surpasses 55 million USD, with a 24-hour rise exceeding 54%. This coin is based on the Pop Mart trend toy IP, LABUBU, and is popular worldwide, with Thailand even holding a welcome ceremony for it. Investors are reminded to pay attention to price Fluctuation.

Jin10 reported on June 14 that Pop Mart Korea announced that due to recent concerns about potential safety incidents at offline sales sites, the company prioritizes customer safety and is committed to providing better quality service. Therefore, it has decided to temporarily suspend offline sales of the entire series of LABUBU plush toys and LABUBU plush keychains. The company will make every effort to restore sales with more satisfactory service.

Jin10 reported on June 13 that Hars announced on the interactive platform that the previous cooperation with Pop Mart and the company has been terminated, and the scope of the earlier cooperation does not include Labubu.

Jin10 data June 13th news, Citibank published a research report indicating that Pop Mart (09992.HK) has a prominent IP whose global recognition is continuously increasing, and it has successfully launched new products. The bank believes that Pop Mart's diversified IP strategy should lay a foundation for its long-term sustainable growth. The launch of new products may also become a short-term catalyst, and the bank has raised the group's earnings forecast for 2025 to 2027 by 38% to 49%, expecting its net profit for the next two years to grow by 124% and 40% year-on-year, respectively, reaffirming the group's buy rating, with the target price significantly raised from 162 HKD to 308 HKD.

Gate News bot message, according to the official announcement from Gate on June 11, 2025. Gate will launch spot trading for LABUBU token on June 11, 2025, at 18:00 ( UTC+8. LABUBU/USDT trading pair will be available. LABUBU is a Nordic elf IP token created by Long Jiasheng under Bubble Mart, which was previously listed on the Gate Alpha section on May 30, 2025. The token is based on the Solana network and has a contract address of JB2wezZLdzWfnaCfHxLg193RS3Rh51ThiXxEDWQDpump.

Jin10 data reported on June 11 that Morgan Stanley stated that the IP diversity and operational capabilities of Pop Mart (09992.HK) will bring lasting rise. Although this year's growth momentum may have already been priced in, its long-term potential for scaling is likely not yet accounted for; it raised its target price from 224 HKD to 302 HKD.

BlockBeats News, on June 10, Bubble Mart Hong Kong stocks soared by more than 30 times in three years, becoming a popular target in the capital market. However, the trendy toy "LABUBU" IP under Bubble Mart has been "copycated" by the currency circle and harvested speculators. THE "LABUBU COIN", WHICH WAS LAUNCHED ON MAY 29, SKYROCKETED DUE TO IP POPULARITY, BUT PLUMMETED BY 91.66% IN JUST A FEW DAYS. This Memecoin is not an official release, but is led by an anonymous community team, lacking fundamentals and practical support, typical of "emotion-driven" hype. The industry pointed out that this type of currency has no substantial commercial value under the guise of popular IP, and the circulation mechanism is not transparent. Ordinary investors tend to buy at a high level amid FOMO sentiment and become the "last to take the baton". BiyaPa

Jin10 reported on June 9 that there are market rumors that Pop Mart (09992.HK) is set to enter the AI toy industry. A relevant person from Pop Mart responded, saying: "I haven't heard of it."

Zhongshan Securities International has given Pop Mart its first "Buy" rating, expecting its revenue and net profit in 2025 to be significantly higher than market expectations, and believes there is room for upward adjustment in future earnings estimates, especially as international business will drive its valuation increase.

On May 30, Jin10 reported that recently, the IP "Labubu" under Pop Mart has risen from a niche designer toy to an international trend icon. The newly launched Labubu series often sells out in "minutes" in places like the United States and the United Kingdom. Due to the explosive demand, there was even a "brawl" incident at the Westfield Stratford shopping center in London. Due to rising safety risks, Pop Mart has announced the suspension of Labubu sales in the UK and plans to delist the product from UK stores before June.

BlockBeats News, on May 26, according to GMGN market data, the market value of LABUBU, a meme coin based on the Bubble Mart trendy toy IP, exceeded $30 million and is now quoted at $32.1 million, a record high, up 49.34% in 24 hours. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and concept hype, and has no real value or use case, investors should be aware of the risks.

Gate News bot, recently, the MEME coin $LABUBU has become the focus of market attention due to the strong debut of Labubu's third-generation slush plush new product series, KOL boost, and the soaring popularity of Southeast Asian IP. According to the GMGN market, the market value of $LABUBU jumped from hundreds of thousands of dollars to $18 million in the past week, soaring dozens of times, with a 24-hour trading volume of $9.5 million. Holderscan data shows that since May 14, the number of coin-holding addresses has continued to climb, and user engagement and market enthusiasm have risen rapidly. Labubu was originally a popular trendy toy IP under Bubble Mart, which has attracted phenomenal attention in Southeast Asian countries in recent years. According to Pop Mart's 2024 interim financial report, its overseas revenue reached 1.35 billion yuan, a year-on-year increase of 259.6%, of which the Southeast Asian market contributed 560 million yuan, accounting for more than 40%. Labubu's high popularity has driven the hype of related MEME coins, and celebrities such as Blackpink Lisa and Thai princess have continued to ferment, and Labubu has been awarded the title of "Magical Thai Experience Officer". It is worth noting that \$LABUBU is not an official issuance, but as early as November 2024, the market value of the MEME sector has exceeded $20 million, and it is Labubu IP in the crypto market

Morgan Stanley raised the target price for Pop Mart (09992.HK), believing that the global demand for Labubu 3.0 is strong, the supply chain in Vietnam is performing well, and there is significant sales growth potential in the U.S. market. The target price is forecasted to rise to HKD 273, with a positive outlook on future performance, and a recommendation to "overweight".

Golden Ten Data on May 7, Bubble Mart (09992. HK) reappeared in pre-market block trading, and an investor sold about 3.86 million shares of Pop Mart at HK$190.20 per share, involving about HK$734 million. According to public information, Pop Mart had been reduced by investors twice in a row in the previous week, involving about HK $1.5 billion. The reporter learned from a person close to Bubble Mart that the continuous reduction is not a reduction by the company's management, and from the perspective of the pace of reduction, it is likely to be a natural reduction of the fund at the expiration of the fund, which has nothing to do with the company's fundamentals. The reporter checked the equity information of Bubble Mart and found that the three reductions in the past week were 4.05 million shares, 4 million shares, and 3.86 million shares, totaling 11.91 million shares, accounting for about 0.9% of the company's shares. Compared with the equity information, this reduction is very likely to be the expiration of all the Bubble Mart shares held by Bee Qiao Capital Fund.