Labubu部分款二手价最高跌幅88%

Core Viewpoint - The prices of certain products from Pop Mart have significantly dropped in the secondary market due to increased supply, particularly for the Labubu 3.0 series, which initially saw high demand and prices but has since experienced a rapid decline following large-scale restocks [3][4]. Group 1: Product Price Trends - The Labubu 3.0 series, particularly the hidden variant "Ben Wo," saw its market price peak at 4,522 yuan on June 14, representing a 44.7 times markup from the original price of 99 yuan. However, after a major restock on June 18, the price plummeted to 2,433 yuan, a 46% drop in just four days [3]. - By December 30, the lowest transaction price for "Ben Wo" had fallen to 540 yuan, marking an 88% decrease from its peak price [3]. - The average transaction price for Labubu blind boxes over the past 30 days was 117.17 yuan, with a peak of 130.76 yuan on December 16, indicating a downward trend [3]. Group 2: Market Behavior - Similar price trends for the Labubu series were observed on platforms like Xianyu and Qianshao, with some resellers halting purchases due to falling prices. Certain products were listed below their original retail prices [4]. - Consumer sentiment on social media reflects a willingness to purchase items at lower prices, with comments indicating that if all styles are below the original price, they would prefer to buy their favorites directly [4]. Group 3: Stock Performance - Pop Mart's stock price has been on a downward trajectory, experiencing a cumulative decline of approximately 40% since reaching a high of 339.8 HKD per share in August [5].