泡泡玛特继续大跌！近4个月已跌44% 市值蒸发超1800亿元

Group 1 - The stock price of Pop Mart continued to decline, dropping 4.94% on December 9, following an 8.49% drop the previous day, resulting in a total decline of approximately 44% from its August peak, with a market value evaporating by over 200 billion HKD (approximately over 180 billion RMB) [2] - Deutsche Bank's latest report indicates that Pop Mart plans to significantly increase the production capacity of its Labubu toys from 10 million units in the first half of the year to an average of 50 million units per month by the end of the year [2] - The report warns that for trend toy brands that rely on unique designs and scarcity, large-scale mass production is often a sign of declining popularity [2]