Shares of Chinese toymaker Pop Mart on Wednesday reversed course and rose 12.5 percent, the most in almost four

Pop Mart shares hit record highs after reporting a 400% profit surge on Labubu craze, upbeat guidance, and global expansion plans.

Singapore is a good launchpad because it is strategically located and has an affluent, tech-savvy population. Read more at straitstimes.com. Read more at straitstimes.com.

Pop Mart executives express optimism about opportunities for their art toys, including the Labubu doll, to feature in animated films and theme park attractions. Following record half-year results, the company is also considering geographic expansion into emerging markets like the Middle East and South America.