After the stock price dropped by 20%, Pop Mart announced that it will spend 599 million Hong Kong dollars to buy back shares.

On March 26th, Pop Mart announced that it will spend 599 million Hong Kong dollars to repurchase 3.94 million shares, with a repurchase price range of 148.4-157.8 Hong Kong dollars per share. As of the close of the day, Pop Mart's stock price was 150.7 Hong Kong dollars per share. Some analysts believe that this repurchase is aimed at stabilizing market sentiment and continuously conveying the company's strong confidence in long-term prospects.