Stock Price

Xiaomi’s YU7 vehicle launch saw phenomenal success, with pre-orders reaching 289,000 units within an hour, mirroring its smartphone sales strategy. Following the launch, Xiaomi’s stock price surged over 5%, hitting a record high of HK$61.45, reflecting a significant recovery from earlier setbacks. This explosive debut highlights Xiaomi’s resilience and its growing presence in the automotive market.

Actress Zhang Yuqi’s live unboxing of LABUBU blind boxes drew over 100,000 viewers, showcasing the collectible’s popularity. Pop Mart’s LABUBU figurines, globally recognized, propelled the company’s growth, even topping the US App Store’s shopping charts. Demand is so high, that a rare prototype sold for nearly $1.5 million, and its value has significantly impacted the company’s stock price, leading to the founder’s ascent as the richest individual in Henan province.