To be honest, I wouldn’t have even known about the Labubu craze if my wife hadn’t mentioned it to me.

Her excitement got me curious, and after a bit of research, I found that Pop Mart is the stock behind these wildly popular Labubu dolls.

With Pop Mart’s stock already up 215% over the past year, i am intrigued to see if this Labubu craze is more than just a fad…

Which is why later in this newsletter, I'll dive deeper into why Pop Mart could be worth adding to your portfolio here.

BUT then again, if you are looking for these massive double or triple digit returns, you can also check out other more credible pre-IPO growth companies like SpaceX or hedge fund products below…

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Moving on, here are the news that shocked the world…

Reddit: Reddit’s share price flew sky-high by 22% after it reported that 3Q 2024 revenue jumped by 68% from last year and it was profitable [Read More]

Super Micro: Uh oh, Super Micro’s auditor, Ernst & Young has just resigned. Its share price sank by 33% after the news. [Read More]

Microsoft: Revenue for 3Q 2024 grew by 16%, beating expectations but it guided for a slower next quarter [Read More]

Alphabet: Alphabet reported stronger-than-expected revenue growth of 35% in 3Q 2024, boosted by its cloud segment. [Read More]

Waymo: Waymo, Google’s self-driving unit has just recently closed its US$5.6 billion funding [Read More]

Intel: Intel’s share price rose by 7% as it reported better-than-expected earnings while conducting a restructuring of its business [Read More]

AMD: AMD’s financial results for 3Q 2024 beat expectations as its data centre segment doubled in sales [Read More]

Here are the news covering the Asia market…

Horizon Robotics soar: Horizon Robotics, a self-driving start-up, soared by 30% in its opening day of trading. [Read More]

New EV battery: CATL released a new battery specifically for extended-range and plug-in hybrid vehicles. [Read More]

UOL and CapitaLand: UOL and CapitaLand Singapore has acquired Thompson View Condominium for SG$810 million [Read More]

Starhill Global REIT: Starhill REIT’s revenue rose by 1.9% for the latest financial quarter, boosted by its Australian and Singaporean properties [Read More]

Hongkong Land: Hongkong Land is shifting its strategy from investing in build-to-sell properties into integrated commercial properties [Read More]

See below for our handpicked analyst reports:

BYD has done it.

Its revenue has surpassed Tesla’s for the first time as its 3Q 2024 revenue rose on record sales of its electric vehicles.

Brings me back to the time when Berkshire Hathaway bought 225 million shares of BYD for $232 million in 2008, translating into a substantial 7.73% stake in the company.

Berkshire Hathaway started selling shares in August 2022, after BYD's share price had increased more than 20x.

That said, while it is no secret that BYD is the biggest player in China, it still has some way to go before its profits match Tesla’s.

If anything, Tesla’s market capitalization of USD802 billion dwarfs that of BYD’s US$113 billion.

So, there’s probably more room for growth for BYD? Only time will tell if BYD got the same allure as Tesla…

Imagine a product so intriguing that it’s spawned a dedicated fan base, inspired tattoos, and even led people to resell it for up to 20 times the original price!

This isn’t about cars, watches, or luxury goods - it’s a doll that you can hug and carry as a doll - like the one Blackpink Lisa is carrying to make it sooooo popular...

Now, let’s dive into the story behind the Labubu’s company that’s redefining the world of collectibles and why it’s catching investors’ attention worldwide.

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