Pop Mart shares fall after Labubu-maker posts near-400% profit surge

Visitors visit the "the monsters Convenience Store" themed exhibition created by POP MART with IP LABUBU as the selling point, Shanghai, China, July 23, 2025. Shares in Chinese toymaker Pop Mart saw volatile trading on Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming global demand for its Labubu dolls. Pop Mart dropped as much as 4.7% before paring losses to climb above 2% as of 10.45 a.m. local time (10:45 p.m. ET Tuesday) Pop Mart's revenue jumped 204.4% year on ...