Today, the globally unique 131CM Mint Green Labubu was hammered at 1.08 million rmb!
China has moved far beyond manufacturing cheap toys. Today, it’s creating cultural phenomena like $POP MART(09992)$, whose founder became a billionaire by turning collectible art toys into a global sensation.
While other new consumer stocks in Hong Kong retreated after recent highs, Pop Mart stands firm. Its flagship character Labubu has exploded from Southeast Asia into Chinese households, while newer IPs like Crybaby, Skullpanda, and Hirono gain rapid traction worldwide.
This isn’t a meme stock, gold, or tech giant. It’s a toy retailer’s meteoric rise. Since early 2024, Pop Mart delivered near 10x returns for investors.
Its cultural reach? Massive global Icons including David Beckham, Dua Lipa, Rihanna, BLACKPINK’s Lisa, Kim Kardashian’s daughter North West all love labubu.
The Billion-Dollar Question: Bubble or Growth Story?
Skeptics warn: "When everyone chases a trend, the upside evaporates." Yet bulls counter:
Pop Mart leads the art toy market with hypergrowth (106.9% YoY revenue increases)
Expanding globally with youth cult-like appeal
Forward P/E under 50x—reasonable for a company at this growth stage
Critical debate: Is a 50x P/E ratio a bubble signal? Historically, hypergrowth stocks traded at higher premiums during expansion phases.
Can Pop Mart sustain its magic?
Do you think Pop Mart's bubble is about to burst?
Or do you still believe in its IP incubation capabilities?
REWARDS
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its popularity exploded when celebrities carried them. perhaps it has become collectable items.
While other new consumer stocks in Hong Kong retreated after recent highs, Pop Mart stands firm. Its flagship character Labubu has exploded from Southeast Asia into Chinese households, while newer IPs like Crybaby, Skullpanda, and Hirono gain rapid traction worldwide.
Can Pop Mart sustain its magic?
Do you think Pop Mart's bubble is about to burst?
Or do you still believe in its IP incubation capabilities?
REWARDS
All valid comments will receive 5 Tiger
The first 10 and last 10 valid comments will receive an additional 10 Tiger Coins