BlockBeats news, on May 30, prominent investor Duan Yongping expressed optimism about Pop Mart's expansion in overseas markets during an interaction with investors. "Pop Mart has high requirements for store locations, and prime spots are often highly sought after. The store layout takes a long time, and in the next 5-10 years, we can expect a significant increase in overseas stores."
"The news of renowned investor Duan Yongping recently increasing his stake in Pop Mart through his firm H&H International Investment" continues to gain traction. On May 25, Duan Yongping purchased 9.8232 million shares at an average price of approximately 150 HKD/share, raising his ownership stake to 5.69%, making him the company's second-largest shareholder, with a holding value exceeding 11.7 billion HKD. Yesterday, Pop Mart experienced a strong surge, closing up 8.98%, resulting in Duan Yongping's paper profit nearing 1 billion HKD for the day.
Recently, Duan Yongping's stance on Pop Mart shifted from an early "don’t get it, not investing" to a bullish outlook with a heavy position. On the 25th, after becoming the second-largest shareholder, he praised founder Wang Ning highly: "His understanding and pursuit of products is on the same level as Jobs, and his grasp of business seems even a bit stronger than Jobs. I’m definitely a fan of Wang Ning now." He believes that Pop Mart has successfully established its business model and has strong barriers to entry, making it a long-term hold. By May 2026, he plans to swap his entire position in China Shenhua for Pop Mart and change his Snowball avatar to Labubu.
