BABA-W (09988.HK) -3.400 (-2.553%) Short selling $1.34B; Ratio 16.158% has opened its first physical trendy toy store, "LUCKY LOOP", in mid-February in Chaoyang District, Beijing, Chinese news broke. The store, positioned as a comprehensive trendy toy collection shop, features popular IPs such as TNT and Wakuku, apart from many overseas trendy toy IPs. It will also include categories like blind boxes, trendy figures, and cultural and creative peripherals. Related NewsJPM: BABA-W (09988.HK) Qwen Talent Loss Triggers ST Risk PremiumAlibaba is set to launch three proprietary trendy toy IPs, namely Nooobit, Penny, and Hoya, which have already appeared in the physical store, sources divulged. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-11 16:25.)