Added to YB: 2025-11-14
Pitch date: 2025-11-10
9992.HK [bearish]
Pop Mart International Group Limited
+13.87%
current return
Author Info
Paradox Intelligence provides alternative data intelligence for professional investors. Alternative data means non-traditional signals—search trends, social sentiment, web traffic—that reveal market changes before they show up in earnings or analyst reports. Sign up for the newsletter.
Company Info
Pop Mart International Group Limited, an investment holding company, engages in the design, development, and sale of pop toys in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.
Market Cap
HKD 271.5B
Pitch Price
HKD 221.40
Price Target
N/A
Dividend
0.40%
EV/EBITDA
27.54
P/E
40.19
EV/Sales
11.60
Sector
Specialty Retail
Category
N/A
$9992.HK: Pop Mart’s Labubu Decline Accelerates
9992.HK (short): Labubu trend exhaustion accelerating - search down 43% over 2mo, TikTok views falling, resale prices dropped 26% to $46, secondary units sold down 81% from peak. 60%+ revenue exposed to single character. Stock down 25% since short call, further decline expected on inventory/margin risks.
Read full article (2 min)