#CNBC Labubu-maker Pop Mart shares soar after posting near-400% profit surge
Labubu-maker Pop Mart shares soar after posting near-400% profit surge
Shares of Chinese toymaker Pop Mart closed higher on Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming global demand for its Labubu dolls. Pop Mart trades on the Hong Kong Stock Exchange.
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