The company behind the Labubu dolls – Chinese Pop Mart – continues to rush on the Hong Kong stock exchange. The day after the company announced a giant profit for the first half of the year, the share rises sharply.
At the close of the Hong Kong stock exchange, the share had risen by just over 12 percent, which gives a rise of almost 250 percent this year.
The company reported a profit of 4.57 billion yuan, equivalent to 6.1 billion Swedish kronor for the initial six months. This after the sales success worldwide with the monster dolls that are intended to be used, among other things, as an accessory on handbags.
