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June 20, 2025June 20, 2025

Labubu-maker’s shares slump as Chinese state media calls for stricter regulation, Morgan Stanley trims interest

Customers browse a POP MART display filled with Labubu characters and collectible figures from The Monsters series on June 16, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images BEIJING — Shares in Labubu-maker Pop Mart continued to tumble Friday, after Morgan Stanley removed the stock from a focus list and…

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