Chinese toymaker Pop Mart, a Disney, Universal Studios partner, launches US$590 million IPO to fund expansion

News Snapshot:

The Beijing-based company plans to sell 135.7 million new shares to global investors, of which 16.3 million shares will be offered to the general public Pop Mart is China’s largest and fastest-growing ‘pop toy’ company by retail value last year with a market share of 8.5 per cent, according to Frost & Sullivan The Beijing-based company plans to sell 135.7 million new shares to global investors, of which 16.3 million shares will be offered to the general public. Pop Mart International Group, one of China’s largest trendy toymakers, aims to raise HK$4.57 billion (US$590 million) via a Hong Kong stock...