POP MART(HK:09992) Di Yi Cai Jing Zi Xun·2025-12-30 13:24Group 1 - The prices of certain Pop Mart products in the second-hand market have significantly dropped due to increased supply [2][3] - The Labubu 3.0 series, which was highly sought after at launch, saw its prices plummet after large-scale restocks [2] - The hidden variant "Ben Wo" reached a peak price of 4,522 yuan, a 44.7 times markup, but fell to 540 yuan by December 30, representing an 88% decrease from its peak [2] Group 2 - The average transaction price for the Labubu series over the past 30 days is 117.17 yuan, down from a peak of 130.76 yuan on December 16 [2] - Some second-hand platforms show prices for certain Labubu models falling below their original retail prices, leading consumers to consider purchasing directly at retail [3] - Pop Mart's stock price has declined approximately 40% since its peak of 339.8 HKD per share in August [3]