前些年就听说了其盲盒经济搞得蛮好，但想着也是一阵风，不会持久。 想不到啊！想不到！现在搞得满世界皆知啦！ 这两天各大电台电视台都在报道关注啊！ 再看其港股价格，更是一路直上云霄！ 不知道这家公司还会搞得多大呢？ zoetina52 每一代人都有每一代人的邮票。 huxj2015 想起当年的集邮，花了近万元..........不如儿子花1000元买的1.25312枚比特币..........目前价 值差数百倍...........世事难料啊。 成智雷 小时候，小店门前的1元转卡机，投1元硬币进去会出一张圣斗士闪卡，小时候没钱，喜欢的 卡没钱买，只能站在旁边看别小朋友抽，后来长大了，工作了，就开始了童年报复性补偿。 拼命的收集30年前的圣斗士老卡，150一张，也会买，再后来一买买了5位数，才停手，现在 这些卡放在角落里积灰，也就这样了，卖都卖不掉。 泡泡玛特其实也一样，价格就是买家觉得是这个价，卖家也觉得是这个价，大家都觉得是这 个价还会涨，那么就会炒上去。大家都觉得不是这个价了，没人要了，那价格就会降下来。 童年的情怀补了，钱花了，也就那样了，商家的饥饿营销，让人们得不到的永远在骚动。 知足即是幸福 烈火烹油， ...

Market Overview - Major A-share indices experienced slight gains, with the Shanghai Composite Index rising by 0.35% to 3388 points, the Shenzhen Component Index increasing by 0.41%, and the ChiNext Index up by 0.66% [1][2]. Trading Volume - The total trading volume for the day reached 1.24 trillion yuan, a decrease of 260.4 billion yuan compared to the previous trading day, with over 3500 stocks rising across the market [2]. Sector Performance Strong Performers - The stablecoin and digital currency sectors saw significant gains, with multiple stocks hitting the daily limit, including Tianyang Technology and Hailian Jinhui [2][4]. - The wind power equipment sector also performed well, with Yunda Co. hitting the daily limit with a 20% increase [2][7]. - The gaming sector showed strong performance, with Xinghui Entertainment rising over 14% [2][8]. - Oil and gas stocks surged, with Tongyuan Petroleum and Keli Co. both hitting the daily limit [2][9]. - The film and television sector strengthened, with Guangxin Media hitting the daily limit and other companies like Bona Film Group and Huayi Brothers also seeing gains [2][10]. Weak Performers - The precious metals and gold sectors experienced declines, with Xiaocheng Technology leading the drop [3][11]. - The aerospace sector also fell, with multiple stocks dropping over 3% [3]. - The traditional Chinese medicine sector weakened, with Kanghui Pharmaceutical hitting the daily limit down [3][13]. - The automotive sector saw declines, with Great Wall Motors dropping over 2% [3][12]. Notable Stocks - Tianyang Technology rose by 20% to 22.68 yuan, while Sifang Jichuang increased by nearly 20% [5][6]. - Yunda Co. also saw a 20% increase, reaching 12.72 yuan [7]. - Xinghui Entertainment rose by 14.07% to 5.19 yuan [8]. - Tongyuan Petroleum increased by 19.96% to 6.07 yuan [9]. - Guangxin Media rose by 19.98% to 22.10 yuan [10]. Future Outlook - CITIC Securities suggests focusing on the supply chain for computing power, including AI servers, PCB, ASIC chips, and related components, while monitoring application segments such as AI glasses and toys [13].

Core Insights - The resurgence of Pop Mart's stock price, which has increased over 12 times in a year and a half, has significantly boosted the wealth of its founder, Wang Ning, to over 150 billion yuan, while the company's market value has reached over 370 billion HKD [1] - The success of Pop Mart has revitalized the entire collectible toy industry, prompting reflections on the underlying logic of the collectible toy market [1] Company Developments - A new collectible toy IP, WAKUKU, has emerged, backed by a company called Quantum Song, which recently transitioned from adult education to the collectible toy sector, inspired by Pop Mart's success [2][3] - Quantum Song's stock price surged from $2.16 to $9.24, marking a 327.78% increase, as it seeks to establish a foothold in the collectible toy market [3] - Quantum Song has made strategic acquisitions, including a 61% stake in Letsvan, a company specializing in collectible toy design and sales, for a total cash consideration of 235 million yuan [3] Market Trends - The collectible toy industry is witnessing a shift from a fragmented market to a more concentrated one, with leading players like Pop Mart benefiting from increased market share as weaker competitors exit [15] - The industry is also seeing a trend towards high-margin IP-driven models, with Pop Mart's self-owned IPs contributing significantly to its revenue and profitability compared to competitors relying on licensed IPs [14][11] Competitive Landscape - 52TOYS, another player in the collectible toy market, has recently filed for an IPO and completed a C+ round of financing totaling 144 million yuan, indicating a renewed interest in the sector [8][9] - Despite its efforts, 52TOYS has struggled with profitability, reporting a total loss of 19.5 million yuan over three years, and its market share is significantly lower than Pop Mart's [12][11] - TOP TOY, a sub-brand of Miniso, is also planning to go public, aiming to raise $300 million, highlighting the competitive dynamics in the collectible toy space [9] Industry Dynamics - The collectible toy market is evolving with new consumer behaviors, where emotional value and brand loyalty are becoming more significant than mere novelty [14] - The interplay between collectible toys and celebrity endorsements is becoming a common marketing strategy, as seen with WAKUKU's association with celebrities like David Beckham [4][6] - The industry's growth is also influenced by the luxury market dynamics, where high-priced collectible toys are gaining traction among consumers, although the sustainability of such trends remains uncertain [16]

Group 1: Market Trends - The "blind box economy" and "guzi economy" have become hot topics in the new consumption sector, leading to increased interest in companies like Hars. [1] - The domestic cup and kettle market is undergoing a profound transformation, with products evolving from traditional durable goods to fast-moving consumer goods, fashion items, collectibles, and lifestyle symbols. [2] - The global cup and kettle market is experiencing steady growth, driven by the segmentation of usage scenarios, the rise of outdoor activities, and the influence of short video social media, leading to increased consumption frequency. [2] Group 2: Company Strategy - Hars has clarified that its past cooperation with Pop Mart has ended and does not include the Labubu IP, while expressing confidence in the domestic market and the new consumption trends represented by the "guzi economy." [1] - The company has a creative independent design team and plans to actively explore new sales channels and develop new products in response to market trends. [1] - Hars has shown a clear inclination towards IP operations and has previously collaborated with various companies, including Pop Mart and Coca-Cola, to enhance brand development. [3][4] Group 3: Competitive Landscape - Leading brands are enhancing market concentration and consolidating their dominant positions, while emerging brands are rapidly rising through innovative products and flexible strategies, injecting new vitality into the industry. [2] - The rise of new brands intensifies market competition, requiring supply-side companies to enhance their competitiveness and meet diverse customer needs. [2]

Core Viewpoint - The article discusses the recent viral event surrounding the unique Labubu toy and its exchange journey, highlighting the increasing value and popularity of collectible toys in the market. Group 1: Labubu's Exchange Journey - The unique Labubu toy was exchanged multiple times, ultimately reaching Zhang Chaoyang, who later regretted returning it to Hu Run after its auction value skyrocketed [12][13][15]. - Hu Run initiated a challenge to exchange a $10 phone holder for items worth $1 million, which included the Labubu toy [8]. - The Labubu toy was previously exchanged for a car valued at nearly 1 million yuan, showcasing its significance in the collectible market [3][12]. Group 2: Auction and Market Value - A mint condition Labubu was auctioned for 1.08 million yuan, setting a new record for Labubu collectibles [13]. - The auction included a limited edition brown Labubu that sold for 820,000 yuan, indicating a strong demand for these collectibles [13]. - The collectible toy market, particularly for brands like Pop Mart, has seen significant growth, with Pop Mart's revenue reaching 13.038 billion yuan in 2024 and a market capitalization of 366.1 billion HKD [18]. Group 3: Cultural Impact - The popularity of Labubu and similar collectibles reflects a broader trend of Chinese cultural products gaining international recognition, enhancing China's global image [20]. - The rise of the blind box economy has contributed to the success of collectible brands, indicating a shift in consumer behavior towards unique and limited-edition items [18].

Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Pop Mart (9992.HK), which has increased nearly sevenfold from its low of HKD 36 to HKD 266.8 as of June 12, indicating its status as a "super bull stock" [1] - Pop Mart's blind box sales model is considered a key component of its business strategy, creating an addictive purchasing experience for consumers, similar to the excitement of participating in IPOs [3][4] - The company has transitioned from a low point to a market capitalization exceeding HKD 200 billion, driven by a new narrative of international expansion and a growing trend among young consumers [7][8] Group 2 - The article discusses the generational shift in consumer preferences, comparing Pop Mart to traditional consumer stocks like Moutai, suggesting that Pop Mart represents the current generation's taste [6][7] - The author reflects on the challenges of understanding the valuation of a company like Pop Mart, which has a high market capitalization and price-to-earnings ratio, making it difficult for traditional investors to grasp its potential [5][6] - The recent auction of a Labubu collectible for HKD 1.08 million indicates that Pop Mart may be moving beyond traditional financial metrics, entering a realm of collectible assets that defy conventional valuation [8]

泡泡玛特Labubu爆火，在线上 线下缺货引发抢购潮，甚至出现肢体冲突事件。 6名"黄牛"霸机抢购，殴打劝阻者 据《正在新闻》报道，6月13日，江苏扬州的吾悦广场泡泡玛特自动贩卖机旁，一行6人为抢 Labubu，殴打一名还在排队的顾客。 有目击者表示，有一行人三男三女一直霸占机器狂买Labubu，看着像是黄牛，挡住二维码不 让在后面排队的顾客扫码购买。排在后面的小伙子对他们六人说，排队一人买一个，随后就发 生了冲突。 其中一男子锁住了男生的喉部，对其左右开弓扇耳光，打了五六个耳光，声音非 常响，被打男孩的脸颊两侧及脖子直接变紫了。 报警后，警察把涉事双方所有人都带走了。 辖区警方竹西派出所工作人员表示，此事已经出警。吾悦广场工作人员称，商场会采取相应措 施，因为这件事情确实产生了一些影响， 机器线路也被打坏了。 多地抢购爆发冲突 从社交平台上看，类似的抢购冲突并非个案。 IIISOU 69 ● ● 55 67 456 5小时前 听说今天上新,抢泡泡玛特打起来了#泡泡玛特 图：社交媒体截图 Labubu抢购潮还席卷海外。 Labubu海外究竟多 火? 荷兰门店6点大 … ♡ 132 韩国的labubu已经要通 ...

Group 1 - The core viewpoint of the article highlights the rapid rise of the Labubu IP under Pop Mart, which has significantly influenced the trendy toy market and led to a surge in related stocks in the A-share market [1] - The blind box economy and related concepts have seen a strong performance, with over 10 concept stocks hitting the daily limit on June 12, followed by continued gains on June 13 [1] - Many investors are inquiring about potential collaborations with Pop Mart, indicating a strong interest in the company's IP and its market impact [1][3] Group 2 - Several listed companies have responded to investor inquiries regarding their relationship with Pop Mart, with some confirming business collaborations while others stated they have not engaged with the company [4][6] - Companies like Yidian Tianxia and Qingmu Technology have acknowledged their roles in supporting Pop Mart's operations, although the revenue from these services is relatively low [4] - Pop Mart's Labubu products are experiencing high demand, leading to stock shortages in stores, with consumers resorting to secondary markets for purchases [7][10] Group 3 - Pop Mart's financial performance shows that its IP The Monsters generated revenue of 3.04 billion yuan in the previous year, marking a 726.6% increase, and accounted for 23.3% of the company's total revenue [14] - The company faces challenges in meeting the surging demand for its products, prompting adjustments in its supply chain and production capacity [14] - Industry experts note that the lifecycle and influence of domestic IPs remain uncertain, necessitating ongoing investment in content creation to extend the lifespan of these IPs [14]

6月13日，中东局势急剧升级，A股三大指数今日集体下挫，截至收盘，沪指跌0.75%报3377点，深证成指跌1.1%，创业板指跌 1.13%。全天成交1.5万亿元，较前一交易日增量2004亿元，全市场近4500股下跌。 | 名称 | 最新 | 涨跌 | 涨幅 | 年初至今 | | --- | --- | --- | --- | --- | | 上证指数 | 3377.00 | -25.66 | -0.75% | +0.75% | | 深证成指 | 10122.11 | -112.22 | -1.10% | -2.81% | | 北证50 | 1382.74 | -41.64 | -2.92% | +33.24% | | 创业板指 | 2043.82 | -23.33 | -1.13% | -4.57% | | 科创综指 | 1178.40 | -11.90 | -1.00% | +5.33% | | 科创50 | 972.94 | -5.03 | -0.51% | -1.62% | 盘面上，以色列袭击伊朗致国际油价、国际金价大涨，黄金、石油及天然气等板块集体拉升，通源石油、洲际油气、西部黄金等多股 涨停；核污染 ...

"两只Labubu拍出190万天价""在国外遭抢购甚至上演'斗殴'事件""创始人成为河南新首富"......近期， Labubu可谓是市场的红人。在其爆火的牵动下，泡泡玛特的股价也是一飞冲天。 二级市场来看，6月12日，泡泡玛特盘中股价再创历史新高，达283.4港元/股。该公司当前股价与今年 初相比已经涨超200%，另外与2024年2月的15.7港元的区间低价比，该公司在一年多的时间股价已经涨 超16倍。 市值方面，泡泡玛特最新市值已经超3600亿港元，高过携程集团、中国财险、中信证券、中信国际等港 股上市公司市值。 6月6日，名创优品回应旗下TOP TOY分拆上市传闻。名创优品集团发布公告指出，公司正在对以"TOP TOY"品牌运营的潮流玩具业务潜在分拆上市的可能性进行初步评估，以期优化股东价值。拟议计划尚 属初步阶段，是否会推进取决于包括市场条件在内的诸多因素。无法保证该拟议计划的时间、上市地点 或其他细节。 不过，市场上存在对泡泡玛特股价存在泡沫的担忧。 | 全港股 | 24H最热 | 港股通 | AH 股 | 明星股 | 111 | | --- | --- | --- | --- | --- | -- ...