Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.

Pop Mart’s market capitalisation has surpassed that of Mattel and Hasbro combined on back of hot-selling collectible

Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.