Trading Opportunity or Sell-Off Risk? Hong Kong Consumer Stocks Faces Lockup End The "emotional spending" consumer sector has been on a wild ride this year, with stocks like $POP MART(09992)$  , $LAOPU GOLD(06181)$  , $MAO GEPING(01318)$  , and $MIXUE GROUP(02097)$   hitting all-time highs.  However, recent weeks have seen increased volatility due to stretched valuations and profit-taking. The sector got a fresh boost on Monday as $BLOKS (00325.HK)$, $GUMING (01364.HK)$, and $MIXUE GROUP (02097.HK)$ were added to the Southbound Trading under Stock Connect.&

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 incl

Pop Mart Cracks - Bubble Burst or Buy-the-Dip Moment? 🎈📉 Pop Mart ($POP MART(09992)$  ) dropped over 5% again yesterday—and it's not a one-off. We might be witnessing the tail end of a hype cycle that once felt unstoppable. The Labubu craze, blind box mania, and premium collector culture all helped fuel Pop Mart's rally... but what happens when the market decides it's seen enough? 📉 Signs of Peak Euphoria Valuation was pricing in infinite demand from Gen Z collectors. Labubu figures flooded resale platforms—too much supply, not enough fresh demand. The company started expanding aggressively overseas, including licensing deals in Japan and Southeast Asia, but without material profit uplift yet. 🚨 The writing was on the wall: whenever a t

$Pop Mart International Group Limited(POPMF)$  (9992.HK): Bubble About to Pop, or IP Incubator with Disney-like Potential? 1. The Bull Case – More Than Just Toys. Pop Mart isn't simply riding the “Labubu mania.” What many overlook is that the company is actively building a multi-IP entertainment platform with licensing optionality. IPs like Skullpanda, Crybaby, Hirono, and Dimoo are early-stage assets with potential for monetisation via: Animated series (already underway in mainland China) Mobile games (early pipeline visible) Global retail footprint (Pop Mart stores now in 20+ countries) Think of it as Funko meets Marvel, but at an earlier, less-discovered phase. 2. The Bear Case – Froth and FOMO. Recent price action reflects classic signs

Fads Must Die! The current nationwide obsession with Labubu mirrors countless past trends. It will eventually be abandoned by fashion. labubu 3.0 becomes available on china's internet. In the realm of consumer experience, extravagance and trendiness are key elements. Georg Simmel placed extravagance alongside greed and stinginess, viewing them as three distinct psychological attitudes in modern monetary economies. On one hand, we greedily pursue higher returns and frugally cut back on spending—both behaviors reflect a mindset where possessing money itself becomes the ultimate goal. In contrast, the extravagant consumer finds satisfaction in the very act of spending and consumption. They are fascinated by the transaction itself, not by the possession of money or goods. For them, money’s val

I do not spend on anything for the sake of emotional value. I prefer to spend my money wisely on basic needs and the occasional indulgence. Thus, I am actually not a consumer of popmart and laopu gold though I may give in to my sweet tooth occasionally by eating mixue icecream and the last was last December! I prefer to buy these stocks and earn money I think all 3 stocks will continue to rise as their products are affordable so the demand of the masses will continue to push the prices up. They appeal to the desire of people to feel included and trendy as they are now popular. As long as they are part of the social trend, the stock prices will continue to rise. Even if a recession hits, the demand will be there and people will justify their spending simply because they are afforda

As Labubu 3.0 ignites global frenzy, is the magic priced in? The tiny yet mischievous Labubu has done it again. On April 25, Pop Mart’s app rocketed to the top of the US App Store’s Shopping category for the first time ever—an extraordinary feat for a Chinese designer toy company still expanding globally. That same evening, its LABUBU 3.0 series sold out instantly across China. The market's reaction? A 12% surge in Pop Mart’s share price, vaulting it to a new all-time high of HK$199. I won’t deny it—seeing a company with roots in Beijing’s toy aisles now command such global attention is exhilarating. But with shares up over 475% in the past year and the valuation nearing nosebleed territory (a trailing P/E of 77.5 and price-to-sales ratio over 18), the question feels inevitable: have we mi

$POP MART(09992)$  Consumer interest in blind boxes could be fading as the novelty wears off, and the Chinese retail market is facing headwinds with slowing spending. Pop Mart's growth is also at risk if competition increases or if resale prices for its toys start falling. If you believe Pop Mart has peaked, you can short the stock directly on the Hong Kong Exchange (ticker: 9992) if your broker allows it. Another option is to buy put options, if available, which limit your losses. You can also short the broader consumer sector in China or sell Pop Mart collectibles now before prices potentially drop further. Always remember, shorting is risky and needs to be carefully monitored.

I don’t think pop mart’s bubble will burst any time soon. The love for the dolls are cult-like. It appeals to people of all ages, not just the youth. I’ve colleagues who bought a few and also friends whose mums bought them! The global icons collectively have a massive fanbase and it can be hard to resist being part of the trend. The blind boxes can be addictive. Once you have one and try to get the secret one, it will be a slippery slope down to buying more blind boxes and contributing to the sales profit for popmart. Labubu is the most common but there are other series that others like. As the leading toy maker, as long as popmart can continue to make new toys that capture the masses’ eyes and the trend keeps up, I believe that popmart will maintain its magic. Don’t fight the trend that a

Bubble obviously… waiting to pop… Pop Mart is a concept that will only take off when the economy is doing well. When recession finally arrives to China and US, essential items like food on the table would be the priority. Occasionally, you might reward yourselves with a cup of bubble tea, etc. Will we still go and buy a Labubu? I doubt so. The rise of Pop Mart also symbolises the rise of the culture of excesses and wants. Yes, the founder has turned those toys 🧸 into “collectible art toys”, however unlike for example a Rolex, one could have replicated those toys 🧸 easily. Having said that, the time is not now when the economy is still in its Goldilocks moment. The time will come when all these come crashing down and people will find out that there’s no one left to buy their “beloved” Labub

Hope pop mart comes with more new designs and characters for its collection 

Pop Mart, Mixue, and Laopu Gold might appear worlds apart—one sells collectible toys, another serves budget-friendly tea drinks, and the third deals in traditional Chinese gold jewelry. But what unites them is their ability to strike the perfect emotional chord with consumers at a price point that feels just right. In a time when consumers are more selective with their spending, these brands offer a satisfying blend of affordability, brand identity, and emotional reward. Pop Mart taps into the joy of surprise and nostalgia, offering affordable luxury through its blind boxes. Mixue delivers daily indulgence at unbeatable prices, democratizing what used to be a premium experience. Meanwhile, Laopu Gold appeals to cultural heritage and investment-minded consumers, turning jewelry into both a

Wow this is a great idea 

there is a cycle to every  trend or product. When the magnitude of following exploded, everybody chase. When the tide retreats, its when everyone realised that it's time to move on. A dream to own a trending product will never extinct. It's a emotional feeling inside everyone. POP mart is for the future trending. Get the beats going forward by owing one is a must like owning a car or a favourite shirt or shoes. POP mart will be growing even stronger if it knows how to capture the world market(human desire)

Today, two major Hong Kong Stocks release earnings: $POP MART(09992)$ and $MIXUE GROUP(02097)$ both reported significant growth, with year-to-date increases of 56% and 102%, respectively.After Pop Mart's release of its H2 2024 earnings, both revenue and profits exceeded expectations, with the stock rising 10.87%, hitting a new all-time high.Revenue: ¥13.04 billion (up 107% YoY), surpassing market expectations (market expected about +80%).Gross Margin 68.3% in the second half, setting a new historical high. Sales & management expense ratios both decreased, and core operating profit far exceeded expectations.Same-Store Revenue: Both domestic and international same-store sales saw a sequential accelera