Pop Mart Shares Fall Amid Revenue Growth Concerns -- Market Talk
Dow Jones
Oct 23
0358 GMT - Pop Mart shares fall on concerns over a slowdown in its revenue growth in the coming quarters, Morningstar analyst Jeff Zhang says in an email. Its shares are last 9.8% lower at HK$231.20, on track for its largest daily percentage decline since April. Despite the Labubu maker's 3Q revenue growth beating market expectations, Morningstar estimates its revenue growth will peak this year and start slowing down next year due to a high base. Still, Pop Mart's Labubu has maintained its global popularity alongside its other intellectual properties, such as Twinkle Twinkle, which is quickly gaining traction. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
October 22, 2025 23:58 ET (03:58 GMT)
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