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…
Miniso struggles to impress investors, even with a successful ‘toy story’
The company is finding success with its Top Toy business and overseas expansion, while its core traditional retail segment has become a drag Key Takeaways: Miniso’s newer chain of Top…
52Toys taps China’s designer toy boom in play for Hong Kong IPO
As China’s collectible toy market surges, the company is hoping to fund an aggressive expansion and build iconic IPs with a new listing Key Takeaways: 52Toys has hired investment banks…
Let’s ‘Eat Goods!’ China’s $23 billion animation derivatives market is no game
The ‘Goods Economy’ became a rare bright spot in China’s consumer market last year, as young buyers spent heavily on animation derivatives like cosplay By Lee Shih Ta China’s…
Pop Mart scores big overseas hit with craze for cute toys
After a rapid expansion, the retailer of blind-box toys can now boast a bigger market value than some Hong Kong blue chips such as Chow Tai Fook, Li Ning and…
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