POP MART stock up 10.4% in market trading.
According to information from the Hong Kong Stock Exchange's disclosure system, Duan Yongping, through his controlled entity H&H International Investment, purchased 9.8232 million ordinary shares of POP MART on May 25 at an average price of HK$150 per share, with a total transaction value reaching approximately HK$1.47 billion. Following this acquisition, his total shareholding has increased to 76.3716 million shares, representing 5.69% of the company's total issued share capital. Duan Yongping is now the second largest shareholder of POP MART.
Previously, Duan Yongping has publicly expressed his optimism regarding POP MART on multiple occasions. He stated that the company's financial report and profitability piqued his curiosity, leading him to spend several days understanding the business, remarking that he "hadn't felt this kind of excitement in a long time."
It is noteworthy that Wang Ning, founder of POP MART, recently presented the "Xing Xing Ren" (Star Man) character at a press conference held by the State Council Information Office. He expressed that POP MART aspires to become a truly world-class brand. To achieve this goal, the company has expanded its vision globally, signing numerous outstanding artists from around the world to gather creative inspiration internationally.
Huachuang Securities pointed out that the company's core intellectual properties (IPs) maintain strong vitality. In the first quarter of 2026, the launch of co-branded products featuring Labubu with Sanrio and Labubu with FIFA both achieved excellent performance. The Xing Xing Ren series has experienced rapid growth, becoming a phenomenal IP in China and several Asian countries, once again validating the company's IP operational capabilities.
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