12 hours ago
- Business
- Wall Street Journal
Labubu Maker's Shares Drop as Chinese State Media Signal Tighter Scrutiny
Shares in Pop Mart International 9992 -5.63%decrease; red down pointing triangle, the maker of the wildly popular Labubu dolls, took a hit after Chinese state media signaled stricter regulation over 'blind-box' toys.
Pop Mart's Hong Kong-listed shares fell as much as 6.2% Friday morning before paring losses.
