HK Movers | New Consumption Shares Mixed. Pop Mart Rallies 7%; Bloks up 2%; Guming up 1%; Nio down 1%; Auntea Jenny down 2%

New consumption shares mixed in Hong Kong. Pop Mart jumped 7%; Bloks up 2%; Guming up 1%; Nio down 1%; Auntea Jenny down 2%.

Shares of Pop Mart rose over 7% after prominent Chinese investor Duan Yongping disclosed in a social media post that he had switched his holdings from China Shenhua into the trendy toy maker.

In the post published Thursday, Duan said he had sold his position in Shenhua Energy and bought shares of Pop Mart instead. He praised China Shenhua as “a very good company” and said the investment had generated strong returns, adding that he may return to the stock in the future.

“I’ll be back,” Duan wrote at the end of the post.

The comments drew broad attention among Chinese retail investors, with some viewing the move as a sign of confidence in Pop Mart’s long-term growth prospects. Shares of Pop Mart extended gains in Hong Kong trading following the post.

Pop Mart, known for its collectible designer toys and Labubu characters, has become one of the standout consumer stocks in Hong Kong over the past year, benefiting from strong demand for blind-box collectibles and overseas expansion.