Pop Mart fell as much as 5.8% in Hong Kong on Tuesday, reaching its lowest intraday level since April 2025. According to Sina Finance, Morningstar Asian equity analyst Jeff Zhang said third-party monitoring data showed the company’s third-quarter sales fell more than 50% year over year; the company had also not set an earnings release date, adding to investor concerns. Pop Mart was down 4.6% at HK$135.60, among the Hang Seng Index’s biggest decliners, while the index fell 0.9%.