Stock Track | POP MART Plummets 5.65% Intraday as Second-Hand Labubu Toy Prices Collapse

Stock Track

Dec 30, 2025

POP MART (09992) saw its stock price plummet by 5.65% during intraday trading on Tuesday, reflecting investor concerns over the brand's secondary market performance.

The decline follows reports of a sharp drop in resale prices for POP MART's Labubu toy series, particularly the "Labubu The Monsters Have a Seat Vinyl Plush Series." Average prices on second-hand platforms fell from RMB1,478 to RMB632, with some styles trading below their original issue price. This price erosion in the secondary market has raised questions about the brand's premium valuation and collector demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1122473270"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1122473270\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1122473270?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-30 11:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1122473270","market":"sg","top_or_hot":-1,"title":"Stock Track | POP MART Plummets 5.65% Intraday as Second-Hand Labubu Toy Prices Collapse","media":"Stock Track","content":"<p>POP MART (09992) saw its stock price plummet by 5.65% during intraday trading on Tuesday, reflecting investor concerns over the brand's secondary market performance.</p><p>The decline follows reports of a sharp drop in resale prices for POP MART's Labubu toy series, particularly the \"Labubu The Monsters Have a Seat Vinyl Plush Series.\" Average prices on second-hand platforms fell from RMB1,478 to RMB632, with some styles trading below their original issue price. This price erosion in the secondary market has raised questions about the brand's premium valuation and collector demand.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | POP MART Plummets 5.65% Intraday as Second-Hand Labubu Toy Prices Collapse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | POP MART Plummets 5.65% Intraday as Second-Hand Labubu Toy Prices Collapse\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-12-30 11:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>POP MART (09992) saw its stock price plummet by 5.65% during intraday trading on Tuesday, reflecting investor concerns over the brand's secondary market performance.</p><p>The decline follows reports of a sharp drop in resale prices for POP MART's Labubu toy series, particularly the \"Labubu The Monsters Have a Seat Vinyl Plush Series.\" Average prices on second-hand platforms fell from RMB1,478 to RMB632, with some styles trading below their original issue price. This price erosion in the secondary market has raised questions about the brand's premium valuation and collector demand.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09992","symbol_name":"泡泡玛特","start_time":0,"source_url":"","article_id":"1122473270","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122473270","pubTimestamp":1767066504,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"POP MART (09992) saw its stock price plummet by 5.65% during intraday trading on Tuesday, reflecting investor concerns over the brand's secondary market performance.The decline follows reports of a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09992":"泡泡玛特"},"translate_title":"股票赛道|泡泡玛特盘中暴跌5.65%拉布布玩具二手价格崩盘","themeId":"464de716e10ca4d0054152a6cd7e790b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09992":1},"content_text":"POP MART (09992) saw its stock price plummet by 5.65% during intraday trading on Tuesday, reflecting investor concerns over the brand's secondary market performance.The decline follows reports of a sharp drop in resale prices for POP MART's Labubu toy series, particularly the \"Labubu The Monsters Have a Seat Vinyl Plush Series.\" Average prices on second-hand platforms fell from RMB1,478 to RMB632, with some styles trading below their original issue price. This price erosion in the secondary market has raised questions about the brand's premium valuation and collector demand.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}