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POP MART stock falls below HK$300 as Labubu resale prices crash

POP MART's stock fell to HK$269 on September 10, with a market cap loss of HK$29.5 billion. Labubu 'Id' resale prices dropped from HK$4,356 to HK$834 in 90 days, and scalpers have paused buying, with full case prices falling. AI-generated

Why it matters:Labubu resale prices and stock price are falling, with scalpers pausing purchases, indicating a market bubble burst.

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Source:epochtimes.com · Read the original ↗