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Pop Mart opens Korea's 1st regular Hirono store in Seoul's Gwangjang Market

Chinese trend-toy maker Pop Mart has opened Korea's first regular standalone store dedicated to Hirono, one of its most popular intellectual properties (IP), at Seoul's historic Gwangjang Market, as the company seeks to expand the character beyond collectibles and develop it into a lifestyle brand. The store, which opened Friday in central Seoul, marks Hirono's first permanent retail presence in Korea following a temporary pop-up store in the Seongsu area from April to May. It is also the fourth Hirono-themed store globally, after locations in Shanghai, Bangkok and London, each designed around local cultural references and urban identities. For Xuan Yilang, better known as Lang, the creator of Hirono, the decision to open in Gwangjang Market was closely tied to both the character's personality and the atmosphere of the neighborhood. "Korea has a very strong brand culture, and there are many brands loved by young people," Lang said in an interview with The Korea Times. "But I didn't want to choose a place that felt overly commercial." Lang said he visited Gwangjang Market several times be

Jun 5, 2026By Yulu Ao
Pop Mart opens Korea's 1st regular Hirono store in Seoul's Gwangjang Market
Companies

Confusion grows over CU's purported offline expansion in China

Confusion emerged over CU's purported offline store plan in the Chinese market, as a local distributor suggested that Korea's largest convenience store chain is preparing to open an outlet there, despite the Korean headquarters saying it has no such plans. The confusion was sparked when the distributor, Ubay International Trade, launched an online store selling CU products in China, promoting them on Chinese social media platforms. Ubay International Trade began offering a selection of Korean snacks, beverages and CU-branded products Monday on Alibaba Group Holding's Tmall platform, one of China's largest e-commerce platforms. The launch was promoted through an account on Xiaohongshu, or RedNote, one of the largest social media and e-commerce platforms in China. The account was operated by Ubay but was named "CU" and verified by the Chinese social media platform as an official enterprise account. The account posted a countdown to the online debut and directed users to the Tmall store. The campaign quickly gained traction among Chinese consumers, with its first post attracting more than 4

Jun 1, 2026By Yulu Ao
Confusion grows over CU's purported offline expansion in China
  • BGF Retail to export CU products to China
Others

Korean investors increase bets on China's tech stocks despite broader market weakness

Korean investors have increased their exposure to China's technology and advanced manufacturing sectors during a recent pullback in mainland China stocks, suggesting continued appetite for artificial intelligence (AI) and hard-tech themes despite broader market weakness, according to market analysts on Monday. They turned net buyers of several China-focused exchange-traded funds (ETFs) and technology stocks on Thursday, when mainland Chinese markets saw a notable decline. The buying was concentrated in products tracking robotics, semiconductors power-grid equipment and electronics supply chains. The investors also accumulated ETFs tracking China's technology and innovation themes, including products tied to China's STAR Market. They bought a net $3.21 million worth of the China Asset Management Co Robot ETF during the market sell-off, according to data from SEIBro, a portal maintained by the Korea Securities Depository. That was followed by Shenzhen Fastprint Circuit Tech, a leading Chinese printed circuit board maker, with net purchases of $2.73 million, and Guangdong Fenghua Advanced

May 27, 2026By Yulu Ao
Korean investors increase bets on China's tech stocks despite broader market weakness
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