Labubu dolls from POP MART (09992.HK) +5.800 (+2.174%) Short selling $244.63M; Ratio 5.479% are selling like hotcakes worldwide. Seeing that demand had outpaced supply in many cities, some Chinese factories started producing counterfeit Labubu dolls.Chinese media recently discovered that several factories making fake Labubu dolls in Dongguan had abruptly ceased operations, which has sparked market attention.Related NewsHTSC Elevates POP MART (09992.HK) TP to $300, Keeps Rating at BuyAfter investigation, it was found that these factories might halt production and clear out their inventory due to intensified copyright enforcement by Chinese authorities.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-13 16:25.)