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Labubu maker Pop Mart’s rally has largely been driven by improving investor sentiment, according to analysts. Photo: TNS

    Labubu maker Pop Mart rallies as new toy trend and state media spotlight spark confidence

    6 months ago03 mins

    Shares of Labubu maker Pop Mart surged on Friday, extending this week’s gain to 23 per cent, after its CEO appeared in a high-profile state media interview and a newly launched product went viral amid growing investor appetite for consumer stocks. In a documentary interview released by Xinhua news agency at noon, founder and CEO…

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