Chinese toy maker Pop Mart's stock has dropped by $13 billion (₹1.14 lakh crore), or around 1/4th of its valuation, in nearly three weeks since its peak. However, the Labubu doll maker is still one of the top stocks on the Hang Seng Index as it gained 180% year-to-date. Meanwhile, JPMorgan Chase & Co downgraded the stock to neutral.