On June 15, Pop Mart fell 3.17% in regular trading, trading at 177.1 HKD/share, with turnover of HKD 1.532 billion.

On the news front, the stock exhibited a classic sell-the-news pattern following the materialization of multiple positive catalysts. LABUBU appeared at the FIFA World Cup opening ceremony last weekend as the first Chinese original designer toy IP ever invited to the event, with the 599-yuan collaboration plush doll selling over 10,000 units and certain limited-edition items commanding premiums exceeding 5x on secondary markets.

However, the stock had already rallied strongly in preceding sessions, surging over 5% intraday on June 10 driven by a new Buy rating from Great Wall Securities and continued accumulation by prominent investor Duan Yongping, whose stake rose to 6.04%. The combination of prior gains and the company's announcement cancelling the PTS Shanghai Pop Toy Carnival originally scheduled for July triggered profit-taking as investors locked in gains following the World Cup debut.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)