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Pop Mart International Group Ltd.'s shares fell as much as 10% after analysts downgraded their outlooks, citing slowing overseas growth and increased dependence on its Labubu franchise. The stock drop followed a 23% decline on Wednesday. Analysts poi

2026-03-26

Pop Mart International Group Ltd.'s shares fell as much as 10% after analysts downgraded their outlooks, citing slowing overseas growth and increased dependence on its Labubu franchise. The stock drop followed a 23% decline on Wednesday. Analysts pointed to decelerating growth, high IP concentration, and speculative capital risks. Despite a 185% revenue surge to 37.1 billion yuan in 2025, earnings estimates for 2026-2027 were cut by Morgan Stanley and UBS. Concerns over second-half growth and dividend reductions contributed to the selloff.

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Iranian Foreign Minister Araqchi: The United States has failed to achieve its war objectives, including a swift victory and regime change.
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