TechFlow News, May 30: Renowned investor Duan Yongping recently stated during an investor exchange that he remains bullish on Pop Mart’s overseas growth potential. He noted that Pop Mart has stringent requirements for store location selection, and high-quality commercial real estate is scarce globally; therefore, building a global retail network will require a relatively long timeframe. As Pop Mart advances its internationalization strategy, the company still has substantial room to expand its overseas store footprint over the next five to ten years.
Recently, market attention was drawn to Duan Yongping’s增持 of Pop Mart shares through H&H International Investment. Public records show that on May 25, he purchased approximately 9.8232 million shares at roughly HK$150 per share, raising his stake to 5.69% and making him the company’s second-largest shareholder, with a holding value exceeding HK$11.7 billion.
Fueled by positive market sentiment, Pop Mart’s stock price has strengthened recently. Data shows the stock closed up 8.98% yesterday; based on his position size, Duan Yongping’s paper profit for the day approached HK$1 billion.
Notably, Duan Yongping’s investment stance toward Pop Mart has undergone a clear shift. He previously publicly admitted he “did not understand” the company’s business model; however, as Pop Mart’s business model matured, he began significantly increasing his position and expressed long-term confidence in the company’s prospects.
After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart founder Wang Ning, stating that Wang demonstrates an exceptionally high level of product insight and user-need comprehension—and declared himself a supporter of Wang. He also pointed out that Pop Mart has validated the sustainability of its business model and built strong competitive moats, rendering it a compelling long-term investment.
Public information indicates that Duan Yongping further increased his allocation to Pop Mart this year, reallocating part of his holdings in traditional energy sectors into the company to signal his strong conviction in its long-term growth prospects.
