HK Stock Market Move | BLOKS (00325) rose nearly 4%. The company recently launched a new product and institutions are optimistic about its future performance growth.

BLOKS (00325) rose nearly 4%, rising 3.78% as of the time of publication, reaching HK$131.7, with a turnover of HK$173 million. On the news front, according to BLOKS's Weibo, the company recently launched several new products, including new Minions products and Hero Infinite new products such as Chituma. In addition, BLOKS previously announced its deep involvement as the exclusive strategic partner in the "Chasing the Light Outlook on Ultraman's 60th Anniversary Exhibition", which officially opened to the public on July 5 and will continue until September 21. During this period, the company released several new Ultraman series products. Guosheng Securities previously stated that as the number one building block role-playing toy company in China and the third in the world, with a rich IP matrix, rapid SKU iteration, efficient channel control, and content-driven marketing strategy, BLOKS is accelerating the development of the BFC system, with high expectations for future performance growth.