Wooden toys, which include blocks, puzzles, trains and educational tools, only account for 5.6 percent of China's toy market in 2023, according to Zhiyan Consulting, a Chinese market research company.

HONG KONG: Bloks Group is looking to raise as much as HK$1.46bil (US$188mil) in a Hong Kong initial public offering (IPO), as the Chinese toy maker aims to ramp up product development and output ...