Pao Pao Mart became the first 10-times stock in the grain economy.

With the strong popularity of LABUBU last year, Pop Mart has suddenly become a global phenomenon, with celebrities posting photos and hot searches constantly, triggering a frenzy of "difficult to find a doll". Since February 2024, Pop Mart's stock price has climbed from 19.8 Hong Kong dollars per share to a record high of 233.2 Hong Kong dollars per share, with a cumulative increase of more than 10 times. The market value exceeded 300 billion Hong Kong dollars for the first time on May 27, reaching 313.2 billion Hong Kong dollars. Behind the impressive performance is solid business support. According to the latest performance report, in the first quarter of 2025, Pop Mart's revenue increased by 165%-170% compared to the same period, with overseas revenue increasing by 475%-480%, demonstrating rapid growth momentum.