Pop Mart: China’s most important stock

(Image: Getty)

Sat, 02 Aug 2025

This article was meant to be about Spotify, Netflix, Palantir or Broadcom, but I found myself speaking to a friend in China this week who told me a story I had to share.If you’re a regular reader, you know I am always talking about “change” and “imagination”; hence, the following Chinese proverb seemed appropriate. “When the winds of change blow, some build walls, while others build windmills.” (风向转变时，有人筑墙，有人造风车) Meaning: adapt to change creatively rather than resisting...

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