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Where commercial real estate demand is the highest, according to new data●Fashion giant closes another store amid retail shakeup●What are paper gains & how can they inflate company earnings?●OpenAI's CFO told employees the company is targeting an IPO in 2027 — or sooner●ADNOC Issues Ninth Spot Crude Tender Since June as UAE Boosts Exports●The Treasury's debt buyback, Walmart earnings, Boise's AI boom and more in Morning Squawk●Investors dump India bonds after hawkish RBI minutes●Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike●Where commercial real estate demand is the highest, according to new data●Fashion giant closes another store amid retail shakeup●What are paper gains & how can they inflate company earnings?●OpenAI's CFO told employees the company is targeting an IPO in 2027 — or sooner●ADNOC Issues Ninth Spot Crude Tender Since June as UAE Boosts Exports●The Treasury's debt buyback, Walmart earnings, Boise's AI boom and more in Morning Squawk●Investors dump India bonds after hawkish RBI minutes●Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike●

Asia

China’s Pop Mart to buy back shares worth up to US$740m as collectible-toy demand cools

Business - South China Morning Post · 56m ago · 🇨🇳 China

China’s Pop Mart to buy back shares worth up to US$740m as collectible-toy demand cools

Chinese toymaker Pop Mart International will launch a share buy-back plan worth up to 5 billion yuan (US$740 million) over the next six months, it said after the market closed on Thursday. The buy-back of between 2 billion yuan and 5 billion yuan comes amid softer domestic sales and normalising demand following last year’s strong performance, which was fuelled by blockbuster toy character Labubu. Wang Ning, founder and CEO of the Hong Kong‑listed firm, announced the plan on Pop Mart’s...

Read the full story at Business - South China Morning Post →

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