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…
QuantaSing finds new tune in experiential pop toys
The adult education company is adding products for seniors to adapt to changing times, and is now also testing out the youth market with a new toy investment Key Takeaways:…
Ultraman lifts Bloks Group to new heights in first post-IPO report
The toymaker’s shares have nearly doubled since their January trading debut, as its revenue also more than doubled last year despite continuing losses Key Takeaways: Bloks Group reported its revenue…
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