On August 6, POP MART declined 4.89% in regular trading, trading at 155.2 HKD/share, with turnover of HKD 803 million. The decline was triggered by market concern over a disclosed reduction in renowned investor Duan Yongping's stake in the company.
According to HKEX filings disclosed on August 5, Duan Yongping's H&H International Investment saw its long position in POP MART decrease from 7.65% to 5.55% on July 30, involving approximately 27.93 million shares at a consolidated delivery price of HKD 162.50, representing a total value of approximately HKD 4.54 billion. Shareholding fell from approximately 101.9 million shares to 73.93 million shares.
POP MART clarified that the stake reduction was not a direct secondary market sale but rather the result of equity derivative contract settlement through physical delivery of shares. Duan Yongping himself responded on social media that the shares were \"called away\" upon options expiry, noting that media characterizations of a deliberate large-scale sell-off were inaccurate. Notably, Duan had stated as recently as July 23 that he would \"most likely not sell POP MART within 10 years,\" which made the sudden 2.1 percentage point drop particularly attention-grabbing for the market.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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