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New Business

Demand for Pop Mart’s Labubu ‘won’t tilt 180 degrees’ despite oversupply concerns: HSBC

There is not an oversupply of Labubus – at least for now, according to HSBC. Second-hand prices of the wildly…

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New Business

Is Labubu the next Hello Kitty? Analysts debate the limits for China’s Pop Mart

Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now…

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New Business

From toys to trading cards, China’s ‘goods economy’ fills emotional voids, opens wallets

Zhu Zuoyi generally keeps her daily expenses tightly in check and spends less than 20 yuan (US$2.74) on most meals,…

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