$MIXUE GROUP(02097)$ Pop Mart $POP MART(09992)$ , Lao Pu Gold $LAOPU GOLD(06181)$ their recent surge isn’t random. It’s just that some investors are still using old-world logic to judge a new-gen market.
Think blind boxes are a waste of money? Well, Gen Z probably thinks hoarding expensive liquor is just as pointless. It’s not irrational spending,it’s shifting priorities. Pop Mart sells emotional hits, Mixue wins with unbeatable pricing, and Lao Pu Gold thrives on cultural nostalgia and risk aversion.
If you don’t “get it,” that’s fine,the market clearly does. This is youth-driven consumption, and capital knows exactly where the next wave is.
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