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Out with the old, in with Pop Mart: Gen Z’s ‘emotional consumption’ lift consumer stocks
Shares of Pop Mart, the Chinese toymaker that owns Labubu, have surged almost 600 per cent over the past year in Hong Kong.
Gen Z’s ‘emotional consumption’ fuels surge in consumer stocks as investors dump old names
Shares of Pop Mart, the Chinese toymaker that owns Labubu, have surged almost 600 per cent over the past year in Hong Kong.