Pop Mart’s Shares Slide Ahead of Third-Quarter Business Update

Shares of Pop Mart International Group Ltd. plunged the most since early April, likely underscoring some investor concerns over the Chinese toymaker’s upcoming quarterly business update.

The stock slumped 8.1% in Hong Kong to be the worst performer on the Hang Seng China Enterprises Index. It is still up almost 180% year-to-date versus a gain of nearly 28% in the broader gauge.