Last year in the first half, I predicted the peak of Pop Mart.


Many people told me about collaborations with Beijing local government and amusement parks.
Overseas, people are still lining up.
But the fact is, it has peaked.
Stocks have peaked + secondary market premiums have plummeted.
There's nothing different in this world.
When things reach an extreme, they reverse — it's the natural way.
No amount of good news can help.
This is the natural order of retribution.
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