Core Viewpoint - The article discusses the phenomenon of companies in the capital market "riding the coattails" of popular trends, particularly in relation to the success of Pop Mart's Labubu blind boxes, highlighting the superficial nature of many corporate partnerships and the potential risks to investors [1][2][3]. Group 1: Market Behavior - Companies like Wangfujing, Yuanlong Yatu, Wanda Film, and Debi Group have publicly announced collaborations with Pop Mart, but these announcements often lack substantial financial data to support claims of significant performance improvement [1][2]. - The trend of companies associating with popular concepts reflects a broader anxiety within traditional retail, as they seek to attract attention and investment by leveraging market fads rather than focusing on genuine performance [1][3]. Group 2: Impact on Investors - The superficial nature of these partnerships can mislead retail investors, who may be drawn in by enticing narratives only to find that the anticipated benefits do not materialize, leading to potential losses [4]. - The recent decline in Pop Mart's stock price, which saw a market value drop of over 20 billion HKD and a decline of more than 6%, exemplifies the volatility and risks associated with such speculative behaviors [4]. Group 3: Regulatory and Corporate Responsibility - There is a call for improved regulatory frameworks to ensure that companies disclose specific financial metrics related to their partnerships, thereby reducing ambiguity and potential misinformation [5]. - Companies are urged to adopt a more responsible approach to market engagement, focusing on transparent communication about the nature and scale of their business activities rather than vague statements that could mislead investors [5]. Group 4: Long-term Value Creation - The article emphasizes that the capital market will ultimately return to valuing companies based on their ability to generate sustainable cash flow, rather than on transient market trends [5]. - Companies that concentrate on their core business and maintain solid operational practices are likely to be recognized and rewarded by the market over time [5].

分析人士称，在中国IP持续全球走红的浪潮下，速卖通的"反向直播带货"成为一条重要通道。一方面让 网红从直播间走向源头产地，拉近全球粉丝与中国品牌、中国IP的距离；另一方面，通过直播的形式， 增强用户的沉浸式体验，多种方式呈现中国品牌的价值。作为泡泡玛特的当家顶流，Labubu溢出效应 明显，带动中国潮玩加速出海。在速卖通直播间，除Labubu外，还有Cry Baby、Baby Molly、 Skullpanda等泡泡玛特热门IP也是一上链接即被热情的粉丝们秒空。Labubu的全球爆火，不仅为中国潮 玩行业带来泼天流量，中国跨境电商平台也借着这波热度迎来高光时刻。"AliExpress大补Labubu""英 区，家人们快冲""在AliExpress蹲到了，是正品"…… "Labubu补货"已经成为社交平台的流量密码，速卖 通也成为海外消费者及留学生心目中的Labubu"捡漏圣地"。 速卖通AliExpress首场泡泡玛特直播开播后，涌入全球数十万网友，用多种语言在直播间里刷弹幕求库 存。除了labubu，Crybaby的热度也开始上升，有网友在弹幕中表示：我不要labubu，给我多上一些 Crybaby！难道C ...

一只长着尖牙的毛茸茸小怪兽，正以惊人的速度席卷全球潮玩市场，泡泡玛特旗下IP Labubu晋升为"顶流"。 在泡泡玛特的带动下，"潮玩风"火到了A股市场。近期，盲盒经济、谷子经济等概念股领涨。继6月12日超10只概念股涨停后，6月13日截至 午市收盘，厦门信达、哈尔斯继续涨停。 与此同时，多名投资者涌向投资者互动平台，追问上市公司是否与泡泡玛特存在合作，能否代理IP等相关问题。 上市公司纷纷回应 据记者不完全统计，截至6月13日中午，投资者互动平台上，已有星辉娱乐、奥飞娱乐、天地在线、省广集团等20余家上市公司被问到 Labubu相关的内容。 6月12日，易点天下在互动易平台回答投资者提问称，泡泡玛特是易点天下重要的客户，双方已建立友好的业务合作。 "一娃难求" 依赖持续创作延长周期 斩获二连板的青木科技则在投资者互动平台表示，目前公司是泡泡玛特天猫旗舰店的代运营服务商，不是线上独家代理商。此外，青木科 技在股票交易异常波动公告中提示，代运营服务的收入占公司整体营业收入的比重很低。 此前，元隆雅图曾表示，公司已与泡泡玛特在一些品牌营销推广项目上开展了业务合作。 万达电影声称，公司旗下时光网致力于IP全链路运营 ...