Pop Mart's gaming ambitions falter: self-developed mobile game 'Dream Home' shuts down, incurring nearly RMB 120 million in cumulative losses over two years
① The company's film and gaming businesses have not been very successful. However, he candidly acknowledged that both are highly competitive industries, and as a 'newcomer,' Pop Mart still needs to pay its dues. ② In the interview, Wang Ning stated that the gaming and film businesses are like the 'air force,' with a broader reach, and expressed his hope that Pop Mart could develop capabilities across 'land, sea, and air.'
Pop Mart (09992.HK): LABUBU Takes Center Stage at the World Cup, Marking a New Milestone in Global Expansion
Company Update: At the 2026 FIFA World Cup opening ceremony in the United States, Canada, and Mexico, LABUBU made its debut as the first third-party intellectual property (IP) in World Cup history, generating extensive media coverage and public discussion. We believe this event is likely to boost awareness and popularity of LABUBU and Pop Mart.
Fund Flows | Southbound capital reduced holdings of Hong Kong-listed stocks by over HK$2.11 billion, marking the fifth consecutive day of selling Alibaba.
Track the latest developments of southbound capital flows.
Zhitoong HK Connect Active Trading | June 15
Stock Connect Active Trading | June 15, 2026
Southbound Capital Tracker | Net Purchases of Approximately HK$2.1 Billion; Increased Holdings in Zhipu AI and Kingboard Laminates, Reduced Position in Alibaba
① Southbound funds recorded approximately HK$117.3 billion in trading volume on the day—into which specific stocks did capital continue to flow? ② Capital inflows into Zhipu reached nearly HK$2.3 billion; what changes have occurred recently in its holding trends?
Southbound Capital Flow | Southbound capital recorded a net purchase of HK$2.11 billion; Zhipu AI (02513) launched its new flagship model GLM-5.2, attracting nearly HK$2.3 billion in southbound buying throughout the day
On June 15, southbound capital recorded a net purchase of HK$2.11 billion in the Hong Kong stock market. Of this, Stock Connect (Shanghai) saw a net purchase of HK$872 million, while Stock Connect (Shenzhen) recorded a net purchase of HK$1.238 billion.