Chinese toymaker Pop Mart reported strong annual growth in revenue and net profit for 2025, but not enough to alleviate investor fears that the company remains too reliant on the Labubu phenomenon. Annual revenue jumped 184.7 per cent from a year earlier to 37.12 billion yuan (US$5.4 billion), while net profit surged 284.5 per cent…
About 130 family office decision-makers and affluent second-generation members from across the world attended a dinner held by the Hong Kong government on Monday evening, including billionaire Pop Mart founder, chairman and CEO Wang Ning. The dinner set the stage for the fourth edition of the Wealth for Good in Hong Kong (WGHK) Summit, themed…
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…