Summary: Pop Mart International Group shares fell after a Chinese state media commentary called for stricter regulation of “blind cards” and “mystery boxes,” citing concerns about potential addiction among minors. Despite the slump, Pop Mart has seen significant growth in 2025, driven by consumer demand for its toys.

Link: https://www.straitstimes.com/business/companies-markets/china-warning-on-blind-box-toys-sends-labubu-maker-pop-mart-shares-tumbling