Core Viewpoint - Bubble Mart (09992) has seen a significant increase in stock price, rising over 4% following reports of Sony Pictures acquiring film adaptation rights for its popular IP "Labubu" [1] Group 1: Company Developments - Bubble Mart's stock price rose by 4.4%, reaching 213.6 HKD, with a trading volume of 1.083 billion HKD [1] - The company established a film studio in January and has registered the copyright for the script of the animated series "Labubu and Friends" [1] - Founder Wang Ning revealed in July that several globally renowned film companies are seeking collaboration to develop the Labubu film series [1] Group 2: Market Insights - According to recent high-frequency data from Puyin International, U.S. sales data for the first week of November has returned to a high growth rate [1] - The company is expected to maintain strong sales growth in the U.S. market during the Thanksgiving and Christmas seasons in November and December [1] - Zhongyou Securities believes that Q4 is a traditional peak sales season for Bubble Mart, with strong demand for gifts and trendy toys expected during Halloween, Black Friday, and Christmas in core overseas markets [1]

Core Viewpoint - Pop Mart (09992) shares rose over 4% in early trading, reaching 213.6 HKD with a trading volume of 1.083 billion HKD, following reports of Sony Pictures acquiring film adaptation rights for its popular IP "Labubu" [1] Group 1: Company Developments - Pop Mart established a film studio in January this year and has registered the copyright for the script of the animated series "Labubu and Friends" [1] - The founder, Wang Ning, revealed in July that several globally renowned film companies have sought collaboration to develop the Labubu film series [1] Group 2: Market Insights - According to recent high-frequency data from Puyin International, U.S. sales data for the first week of November returned to a high growth rate [1] - The company is expected to maintain strong sales growth in the U.S. market during the Thanksgiving season in November and the Christmas season in December [1] - Zhongyou Securities believes that Q4 is a traditional peak sales season for Pop Mart, with strong demand for gifts and trendy toys expected in the core overseas markets of Europe and the U.S. due to Halloween, Black Friday, and Christmas [1]