Blind Box Toys

Pop Mart Shares Drop Amid China's Increased Scrutiny on Blind-Box Toys

Pop Mart's stock fell after Chinese state media called for stricter regulation of blind-box toys and trading cards, raising concerns over its Labubu dolls business amid regulatory scrutiny aimed at minors' addiction. Despite the decline, Pop Mart remains a top performer in China, with global popularity and strong analyst support, though future regulations may impact the industry.