泡泡玛特业绩暴增股价却崩了!新消费高增长神话破灭后的价值重估与龙头破局

市值风云
Oct 30, 2025

来源:市值风云业绩高歌猛进,股价跌跌不休,新消费迎来资本理性审视。“业绩增长245%~250%,其中中国收益同比增长185%~190%,海外收益同比增长365%~370%”,这份被泡泡玛特在10月21日盘后公之于众的2025年第三季度成绩单,足以让任何一家上市公司羡慕不已。(来源:Choice数据)然而资本市场却以一场暴跌回应了这份喜悦——发布公告次日股价暴跌8.1%,报收250.4港元/股,自...

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