Recently, three major "new consumption" stocks in the Hong Kong market have performed exceptionally well. $LAOPU GOLD(06181)$ has surged 210% YTD, $POP MART(09992)$ has risen another 150% this year after a strong rally last year, and $MIXUE GROUP(02097)$ is up 99% this year, even driving up other tea beverage stocks in Hong Kong.At first glance, these three companies seem unrelated in terms of business models, but they actually represent the optimal cost-performance ratio in their respective industries when it comes to “emotional value vs. spending.”"Emotional value / spending" has become the new cost-performance metric.Pop Mart provides excitement, Mixue Bing
Pop Mart Peaked? How Will You Short It?
Pop mart continued to decline. The hype seems to reach a peak in China. When something becomes too popular, it get outdated too. Do you think Pop Mart or labubu peak now? Will you buy the dip or short Pop Mart? What's your short type?
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