1. Pop Mart's $33 Billion Rout: Labubu's Magic Fades, Growth Model Under Siege
Pop Mart International Group Ltd. is facing a crisis of confidence as a relentless, multi-billion dollar selloff shows no sign of abating. The market rout, which has erased tens of billions in value, is a direct and brutal verdict on the company's over-reliance on its once-blockbuster Labubu IP. Investors are no longer...