The latest product launch from Pop Mart International Group Limited has met with a tepid market response, with its share price falling sharply below the issue price shortly after release. Within just half an hour of the sale commencing, the stock experienced a dramatic decline of more than 30%.
This significant drop appears to have unsettled Duan Yongping, a major shareholder holding a 5.69% stake in the company. In a swift reaction to the market movement, he publicly commented on the product, stating, "It really is quite cute."
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