9月12日早盘，港股巨星传奇直线拉升，盘中一度涨近22%。 公开资料显示，2017年，巨星传奇在周杰伦及其"亲友团"的助力下成立，四位创始人分别为周杰伦母亲 叶惠美、经纪人杨峻荣及多年工作伙伴陈中、马心婷，后于2023年7月在港交所上市。 据上海证券报，9月12日，记者自巨星传奇获悉，巨星传奇与宇树科技共同打造的"巨星狗"将于9月13日 在上海旅游节开幕式花车巡游上首次公开亮相。这只"巨星狗"是明星IP+潮玩+科技的融合体，具备陪伴 功能与社交属性。 视频显示，与市面上突出机械感、风格酷炫的机器狗不同，"巨星狗"外形更具"亲和力"。"巨星狗"整体 以浅色调为主，线条偏柔和，造型融合了宠物的可爱与科技产品的精致，仿佛是从未来走来的"小伙 伴"。 ...

今日（9月12日），巨星传奇（06683.HK）股价盘中异动，突然拉起一度涨超20%，截至发稿该股票报 价每股12.95港元，上涨16.85%。 据证券时报消息，巨星传奇和宇树科技共同打造的"巨星狗"将在9月13日上海旅游节开幕式花车巡游首 次公开亮相。"巨星狗"是明星IP+潮玩+科技的融合体，具备陪伴功能与社交属性。 在今年上半年，巨星传奇收入3.55亿元，同比增长33%。巨星传奇表示，在2025年下半年，公司拟专注 于"周同学"及其家族以及其他明星IP为主的自主研发IP相关产品的进一步开发。 每日经济新闻综合公开信息、证券时报 ...

Core Viewpoint - Pop Mart (09992) shares rose over 3%, currently up 3.66% at HKD 283.4, with a trading volume of HKD 2.886 billion [1] Group 1: Product Launch - Pop Mart's jewelry brand popop announced the launch of its first gold series products featuring the IP Baby Molly, including gold beads, pendants, gold bars, and ornaments, priced between RMB 980 and RMB 56,800 [1] - The new product line will officially be available in popop stores in Beijing and Shanghai starting September 12 [1] Group 2: Analyst Outlook - UBS research report maintains an optimistic outlook on Pop Mart's fundamentals, stating that the recent stock price correction creates a buying opportunity ahead of expected short-term catalysts, including Halloween new products and the 15th anniversary series launch, as well as the key Christmas sales season [1] - UBS reiterated a "Buy" rating for Pop Mart with a target price of HKD 432 [1]

Group 1 - The core viewpoint of the article highlights that Pop Mart (09992) has seen a stock price increase of over 3%, currently trading at 283.4 HKD with a transaction volume of 2.886 billion HKD [1] - Pop Mart's jewelry brand, popop, has officially launched its first gold series products featuring the IP Baby Molly, with prices ranging from 980 to 56,800 CNY [1] - UBS maintains an optimistic outlook on Pop Mart's fundamentals, viewing the current stock price pullback as a buying opportunity ahead of upcoming product launches for Halloween and the 15th anniversary series, as well as the critical Christmas sales season [1] Group 2 - UBS reiterated a "Buy" rating for Pop Mart, setting a target price of 432 HKD [1]

本报记者 赵 曦 □ 黄芷凌 近日，"'包挂'是成年人不想长大的信号"这一话题登上微博热搜，引发广泛讨论。今年以来，"包挂"热 度不断上升：社交媒体上，与"包挂"相关的话题浏览量破亿次；在地铁或街头，随处可见年轻人的包上 悬挂着各式各样的玩偶挂件。记者调查发现，"包挂"这一小装饰品，如今不仅成为一种时尚符号，更承 载着年轻人的情感寄托。 9月7日，记者走进北京朝阳合生汇商场，看到多家潮玩店内，可爱风、搞怪风等不同风格的"包挂"琳琅 满目，吸引许多消费者驻足选购。 当原本摆在桌面上的玩偶，变成每天带在身边的"包挂"，它们不仅提供了心理上的安慰，也彰显着消费 者的兴趣与审美，成为一种看得见的"身份标签"。 据小熊汉斯北京合生汇店的店员介绍，这些单价在89—159元之间的"包挂"深受年轻群体喜爱。"很多顾 客甚至会一次选购多个款式，只为了搭配不同的心情和场合。"该店员说。 正在酷乐潮玩北京合生汇店挑选"包挂"的张女士告诉记者："每当完成一个小目标，我会在包上挂一个 笑脸玩偶；遇到难题时，可能会选一个皱眉款的。有时碰到陌生人背着同款IP'包挂'，相视一笑间，仿 佛'对上了暗号'。" 凭借治愈情绪与彰显个性的特质，小小 ...

巨星传奇(6683.HK)盘中拉升大涨近22%，报13.54港元，股价创8月6日以来新高。消息面上，有媒体称，巨星传奇和宇树科技共同打造的"巨星狗"将在9月 13日上海旅游节开幕式花车巡游首次公开亮相。"巨星狗"是明星IP+潮玩+科技的融合体，具备陪伴功能与社交属性。据悉，巨星传奇与宇树科技合作的范 围不仅涵盖巨星传奇旗下艺人资源，更会延伸至广泛的艺人以拓展IP合作机会。 ...

Core Viewpoint - The recent decline in the resale prices of Pop Mart's LABUBU products has led to a negative sentiment in the capital market, impacting the company's stock price despite some analysts maintaining a "buy" rating on the stock [2][9]. Group 1: Market Reaction - Pop Mart's stock price fell over 19.5% from a peak of 339.8 HKD per share on August 26 to 273.4 HKD on September 11 [2]. - The decline in LABUBU's resale prices has created a "reverse sentiment" in the capital market, although some institutions still see potential in Pop Mart [2][9]. - Analysts from Morgan Stanley suggest that the stock price fluctuations are more influenced by technical and emotional factors rather than a deterioration in the company's fundamentals [2]. Group 2: Product and Supply Chain Dynamics - Pop Mart has significantly increased its plush toy production capacity, reaching approximately 30 million units in August, which is over ten times the capacity from the previous year [3]. - The launch of new products like the mini LABUBU saw rapid sales, with around 710,000 orders placed within 30 minutes of its release [4]. - The company's strategy to increase supply and reduce speculation has led to a significant drop in resale prices, with LABUBU's third-generation products seeing an 80% decrease from peak prices [1][4]. Group 3: Brand and IP Management - Pop Mart aims to shift its focus from being perceived as a "financial product" to selling quality products, indicating a strategic change in its business model [2][5]. - The company has been actively working to eliminate middlemen, such as scalpers, to regain pricing power and ensure fair pricing for consumers [5][6]. - LABUBU's revenue for the first half of 2025 reached 4.81 billion CNY, accounting for nearly one-third of Pop Mart's total revenue, highlighting the brand's significant impact on the company's financial performance [7]. Group 4: Long-term Considerations - The long-term success of LABUBU will depend on its ability to maintain consumer interest and storytelling capabilities, as well as the introduction of new hit IPs [9]. - The dilution of premium IP scarcity due to increased supply may affect the overall pricing strategy in the secondary market, impacting consumer confidence [8][9]. - Pop Mart's expansion into the film industry with projects like the animated series "LABUBU and Friends" indicates a strategy to enhance brand engagement and longevity [9].

9月11日，《每日经济新闻》报道，据不完全统计，2025年以来，四川省、河南省、江西省、陕西省等 多地发生了"首富"更替。 据媒体6月初报道，泡泡玛特（09992.HK）创始人王宁的财富值已超越牧原股份（002714.SZ）创始人 秦英林、钱瑛夫妇，成为河南省"首富"。 9月11日福布斯实时富豪榜数据显示，泡泡玛特创始人王宁及其家族全球排名第96名，财富价值230亿美 元。而牧原股份创始人秦英林排名第107名，财富价值214亿美元。 此前，今年3月发布的《2025胡润全球富豪榜》上，牧原股份创始人秦英林、钱瑛夫妇以1300亿元的财 富值蝉联河南首富。 8月19日，泡泡玛特发布2025年半年报，今年上半年泡泡玛特实现营收138.8亿元，同比增长204.4%；经 调整净利润为47.1亿元，同比增长362.8%。 在业绩会上，泡泡玛特创始人王宁表示，今年300亿营收很轻松。受业绩提振，当日泡泡玛特港股盘中 午后持续走高涨超13%，股价创历史新高，市值首次突破4000亿港元大关。据泡泡玛特2024年年报，创 始人王宁持有公司股权占比为48.73%。 寒武纪（688256.SH）的创始人陈天石在2025年也成为江西省新 ...

在今年服贸会上，朝阳区在文旅、金融服务、环境服务等专题均设置了展台，全面展示朝阳风采。朝阳 文旅展台"年轻力"十足，潮玩文创组团"出道"、首个超写实3A级XR互动影视作品亮相，众多非遗、文 创项目十分吸睛。金融展台则展现了朝阳区在金融领域的新政策、新成果。此外，朝阳在环境服务展台 在全市首发了AI智慧焚烧系统。 服贸会文旅服务专题朝阳展区位于首钢园区9号馆，涵盖泡泡玛特非遗系列Molly、量子之歌旗下厂牌 Letsvan奇梦岛系列、蔚领时代首个超写实3A级XR互动影视作品《木兰2125XR》、全市首个文创集合 店国家文化产业创新实验区·国潮文创店等等。 泡泡玛特打造了国风范儿的展示空间，向观众们展示多款融合非遗技艺与传统文化元素的IP产品。"比 如这款Molly玩偶身上穿着的小裙子上就点缀着非常精美的南京绒花。另一款Molly玩偶采用了非物质文 化遗产粉彩轧道瓷工艺的陶瓷体，也深受年轻人的喜爱。"泡泡玛特相关负责人表示，多年来推出了不 少融合传统文化、非遗技艺的潮玩产品，"未来我们也会持续探索潮玩IP与非遗等优秀传统文化的创意 结合，让消费者感受古老的非遗与现代潮流文化多元碰撞之美。" 作为从北京朝阳创业成长 ...

Core Viewpoint - The collaboration between Letsvan Qimeng Island and Beijing Fashion Week represents a significant breakthrough in the integration of the toy industry and the fashion sector, creating a new paradigm of "IP empowering fashion consumption" [3]. Group 1: Strategic Collaboration - Letsvan Qimeng Island, a leading brand in China's original toy industry, has established a strategic partnership with Beijing Fashion Week, leveraging its full-chain capabilities in IP planning, character development, 3D modeling, and multi-channel sales [3]. - The partnership aims to inject high-end fashion genes into toy IPs while bringing youthful and playful consumer vitality to the fashion industry, enhancing brand penetration among Generation Z [3]. Group 2: Event Highlights - During the opening ceremony, Letsvan Qimeng Island's "Toy Legion" became the focal point, with its popular IPs WAKUKU and SIINONO showcasing customized images on the red carpet, attracting significant attention and interaction with attending celebrities [5]. - The event featured a high-fashion show by designer Guo Pei, where the soft-sculpture gown silhouettes cleverly echoed the dynamic qualities of the toy IPs, creating a visually stunning experience for the audience [5]. Group 3: Product Launch - A limited edition doll clothing line celebrating the 10th anniversary of Beijing Fashion Week was unveiled, merging the fashion week’s aesthetic with the characteristics of WAKUKU and SIINONO, utilizing high-end custom fabrics and intricate embroidery [6]. - This product line exemplifies the concept that toys are not just collectibles but also vehicles for fashion lifestyle, providing a delightful experience for both toy enthusiasts and fashion consumers [6]. Group 4: Support for Young Designers - Letsvan Qimeng Island is committed to supporting original design by participating in this season's fashion week’s young designer support program, integrating WAKUKU and SIINONO IP elements into the works of young designers [8]. - This initiative aims to provide a broader platform for young design talents and enhance the recognition of their creative works through the popular influence of toy IPs, fostering a collaborative trend ecosystem [8]. Group 5: Future Outlook - The collaboration aims to infuse the unique healing and surprise elements of toys into high-end fashion shows, making "joy" a vibrant theme of this season's fashion week [10]. - Looking ahead, Letsvan Qimeng Island plans to expand its deep collaborations across fashion, sports, and cultural tourism sectors, building new consumer scenarios centered around IP and promoting the innovative development of China's cultural and creative industries [10].