The shares of the doll manufacturer Labubu have fallen by 25% in three weeks

The shares of the Chinese company Pop Mart, which produces Labuba dolls, have declined by almost 25% over the past three weeks. This was reported on August 15 by the Financial Times newspaper.

At the moment, the company's shares are trading 7% below the level that was recorded at the end of the trading session on Friday. It is noted that at the beginning of trading, the share price declined by almost 9%, which was the fastest drop in their value during the day since April 2, when US President Donald Trump announced the introduction of import duties on goods from most countries of the world.

The article notes that the main reason was the growing skepticism of investors about the sustainability of the popularity of the company's key product, the Labubu doll.

Pop Mart also explains the price reduction by increasing supply.

"The product has become more affordable, and more people have been able to purchase it. In the long term, this will contribute to the further development of the company's activities," Pop Mart noted.

Monster of Bad Luck: Labubu toys to be tested for safety and quality

Why did these products get into the spotlight and what requirements should they meet?

Bloomberg reported on August 15 that the profit of the Chinese company Pop Mart, which sells toys to Lubub, increased 4.5 times. The growth is due to the great popularity of the products abroad. It was noted that profit increased by at least 350%, revenue — by 200%.

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