BRIEF: Pop Mart profit quadruples on overseas growth, popular toys
Leading collectible toy brand Pop Mart International Group Ltd. (9992.HK) announced on Tuesday that its revenue rose 200% or more year-on-year in the first half of this year. It said…
VIDEO BRIEF: Toys for grown-ups, inside China’s $15 billion collectible toy boom
Last year alone, collectors worldwide spent nearly 2 billion US dollars on blind boxes from Chinese collectible toy sensation POP MART. That fueled a sales explosion that lit a fire…
Labubu fever, and a skincare brawl
An early edition toy based on the red-hot Labubu character has fetched a record $150,000 in a recent auction. What's driving the craze, and is it sustainable? And a high-profile tussle between two leading skincare brands has left one of them bruised, with its stock down 30%. How can investors steer clear of this kind of damage?
INDUSTRY NEWS WRAP:First-edition Labubu sells for record $150,300
A first-edition figure from the globally popular Labubu collectible toy series set a new auction record at Yongle’s 2025 Spring Auction in Beijing, fetching 1.08 million yuan ($150,300). The winning…
QuantaSing excites investors with new toy tune
The adult education company’s shares have tripled since it disclosed a plan to enter the collectible toy business through a major acquisition that closed on March 31 Key Takeaways: QuantaSing…
Game time for another IPO hopeful in China’s booming toy market
A maker of collectible figurines, 52Toys, is lining up to test investor enthusiasm for play-related stocks after the runaway success of Pop Mart Key Takeaways: 52Toys has posted losses for…
Tongshifu rides China’s ‘goods economy’ to IPO
The Xiaomi-backed leading maker of copper-based cultural and creative crafts is seeking to list in Hong Kong, feasting on the country’s growing love of kitsch Key Takeaways: Tongshifu has filed…