Apple CEO Tim Cook gets his own Labubu Doll, and Pop Mart’s stock had a moment

Apple CEO Tim Cook’s visit to a Labubu exhibition in Shanghai sparked a surge in Pop Mart shares, fueling speculation of a tech-toy collaboration. While the initial market excitement cooled, the event highlighted Apple’s interest in Chinese IPs and provided Pop Mart with significant visibility, even as the collectible craze shows signs of mellowing.