---
title: "The frenzy of LABUBU drives up Pop Mart; State Council press conference releases positive signals｜Today's key news recap"
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/29194912.md"
description: "0428 | Dolphin Research focus: 🐬 Macro/Industry 1. At 10:00 am today, the State Council Information Office held a press conference covering topics such as consumer goods trade-in programs, reducing costs for foreign trade enterprises, and capital market stability. It emphasized "the need to stabilize employment, businesses, markets, and expectations," and reiterated the possibility of "timely RRR and interest rate cuts" in monetary policy, highlighting "extraordinary counter-cyclical adjustments" to boost market confidence. 🐬 Stocks 1. $POP MART(09992.HK) surged over 10% today..."
datetime: "2025-04-28T08:27:26.000Z"
locales:
  - [en](https://longbridge.com/en/topics/29194912.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/29194912.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/29194912.md)
author: "[Dolphin Research](https://longbridge.com/zh-HK/news/dolphin.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/29194912.md) | [简体中文](https://longbridge.com/zh-CN/topics/29194912.md)


# The frenzy of LABUBU drives up Pop Mart; State Council press conference releases positive signals｜Today's key news recap

## 0428 | **Dolphin Research Key Focus:**

### **🐬 Macro/Industry**

**1、**At 10 AM today, the State Council Information Office held a press conference covering topics such as consumer goods trade-in programs, reducing costs for foreign trade enterprises, and capital market stability. It emphasized "stabilizing employment, businesses, markets, and expectations," reiterating the phrase "timely RRR and interest rate cuts" regarding monetary policy. This highlights the resolve for "extraordinary countercyclical adjustments," with a diverse policy toolkit expected to bolster market confidence.

### **🐬 Stocks**

**1、**$POP MART(09992.HK)

POP MART surged over 12% today as its LABUBU 3.0 series sold out instantly. The frenzy went viral domestically, topping Weibo's hot search list, while overseas, Americans queued overnight for the new LABUBU release—scenes rivaling iPhone launch days—showcasing 狂热 consumer demand. Recently, POP MART's app topped the U.S. App Store shopping chart for the first time, jumping 114 spots in a day and holding #1 for two consecutive days, also ranking #4 on the free overall chart. The "blind box economy" concept 板块 surged, driving POP MART's stock to a historic high.

**2、**$CTG DUTY-FREE(01880.HK)

Six ministries including Commerce, Finance, Culture & Tourism, Customs, Taxation, and 民航局 issued a notice 进一步优化离境退税政策 to expand inbound 消费， lowering the refund threshold to RMB 200 and raising the cap. These 退税 optimizations aim to boost inbound tourism and shopping, directly benefiting China Tourism Group Duty Free, which opened higher before retreating today.

### **🐬 Top Gainers**

**A-shares:** Professional financial services, drug retailers, data processing & outsourcing;

**HK:** Sports/leisure products, jewelry/toy/stationery retailers, consumer electronics;

**U.S.:** Auto manufacturers, heavy electrical equipment, media.

### **🐬 Tomorrow's Watchlist**

**1、**Coca-Cola, Luckin, China Tourism Group Duty Free, Kweichow Moutai, and Spotify will report earnings. Dolphin Research will track and analyze.

Risk disclosure: [Dolphin Research Disclaimer & Disclosures](https://support.longbridge.global/topics/misc/dolphin-disclaimer)

### 相關股票

- [POP MART (09992.HK)](https://longbridge.com/zh-HK/quote/09992.HK.md)
- [CTG DUTY-FREE (01880.HK)](https://longbridge.com/zh-HK/quote/01880.HK.md)
- [CTG DUTY-FREE (601888.CN)](https://longbridge.com/zh-HK/quote/601888.CN.md)

## 評論 (4)

- **红蓝绿战士 · 2025-04-29T03:03:49.000Z**: Won't Trump come out and say what kind of safety-affecting substances are hidden inside?
- **芭妃忒 · 2025-04-28T08:41:30.000Z · 👍 2**: The boy who cried wolf
- **保本出就算赢 · 2025-04-28T08:41:09.000Z · 👍 1**: Is there a pullback opportunity to enter PPMT?
  - **Dolphin Research** (2025-04-29T02:24:45.000Z): Don't know, it's risen too high, it's really hard to understand this crazy grain economy