Labubu盲盒二手价跳水黄牛停收,泡泡玛特股价距年内高点跌超40%

老虎资讯综合
Dec 30, 2025

12月30日,潮玩龙头泡泡玛特港股延续下跌态势,自8月下旬触及339.8港元的阶段性高点以来,公司股价累计跌幅已超40%,市值蒸发逾2000亿港元。Wind数据显示,12月29日,泡泡玛特卖空金额达3.04亿港元,卖空股数近150万股,未平仓卖空股数为9492万股,创下年内最高值。股价持续下挫的背后,是核心IP热度的显著退潮。

12月29日,“泡泡玛特开始5折甩卖了”的词条登上微博热搜,曾被炒至天价的Labubu盲盒二手价格大幅回落。得物App数据显示,Labubu第4代整盒(14个)成交均价从发售初期的1916元跌至1088元;闲鱼平台部分款式近7日平均成交价仅77.5元,跌破官方发行价。部分黄牛也发帖称“暂缓收购Labubu系列”。

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