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Duan Yongping's Take on Wang Ning: A Visionary Leader in the Making, Confirms Investment in Pop Mart

On the evening of May 25th, a netizen asked Duan Yongping: "What do you think of Wang Ning? Is he like Steve Jobs, both a timekeeper and a clockmaker?" Duan Yongping responded today: "I think Wang...

Duan Yongping's Take on Wang Ning: A Visionary Leader in the Making, Confirms Investment in Pop Mart

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Is he like Steve Jobs, both a timekeeper and a clockmaker?\" Duan Yongping responded today: \"I think Wang...","content":"<p>On the evening of May 25th, a netizen asked Duan Yongping: \"What do you think of Wang Ning? Is he like Steve Jobs, both a timekeeper and a clockmaker?\"\nDuan Yongping responded today: \"I think Wang Ning's understanding and pursuit of his products are on the same level as Jobs, at least he will be in the future. Wang Ning's understanding of business seems to be even a bit stronger than Jobs'.\"</p>\n<p>In April of this year, Duan Yongping posted on the Xueqiu platform (ID: The Formless Way) stating, \"My Pop Mart insurance company is officially open for business,\" formally confirming that he had begun investing in Pop Mart. This statement drew significant market attention.\n\"Opening an insurance company\" is Duan Yongping's metaphor for building a position by selling put options. He has previously applied this strategy multiple times to targets like Tencent and Apple. In August 2024, when sharing his operation of selling Tencent put options, Duan Yongping explicitly stated it was \"just opening another insurance company to earn some premium.\"</p>\n<p>The specific mechanics of this strategy are: if the underlying stock price does not fall below the strike price, the option seller earns the full premium; if the stock price falls below the strike price, the seller is obligated to buy the underlying stock at the agreed strike price.</p>\n<p>On April 10, 2026, Duan Yongping commented on his investment in Pop Mart: \"Slowly gather funds, otherwise just collect some premium for now.\" On April 11, he further clarified in response to a netizen's question that he would gradually accumulate \"the desired share\" in the future.</p>\n<p>Duan Yongping's attitude towards Pop Mart has undergone a significant shift, from stating he \"would not invest\" to now saying, \"I am indeed a fan of Wang Ning.\"</p>\n<p>In January of this year, when responding to a netizen's question on Xueqiu, Duan Yongping mentioned he had roughly looked into Pop Mart and thought they were quite impressive. \"However, I still can't understand why people need this. What if everyone stops wanting it in a couple of years? If you believe people will always need it and their business will keep growing, then of course it's a decent investment for you.\"</p>\n<p>As early as August 23, 2025, just three days before Pop Mart's stock price was about to hit its all-time high, Duan Yongping had expressed similar caution.\nAt that time, an investor compared Pop Mart to \"the Moutai of the new consumer sector\" and asked for Duan's opinion on Xueqiu. Duan's reply was restrained and sharp: \"Pop Mart's products are indeed very interesting, and the founder is also a very interesting person. It's remarkable what they've achieved today, but I can't see what the company will be like in 10 years.\"</p>\n<p>The turning point came in late March this year when Pop Mart released its 2025 annual report. The company achieved annual revenue of 37.12 billion yuan, surpassing the 30 billion yuan mark for the first time, a surge of 184.71% year-on-year. Net profit attributable to shareholders was 12.776 billion yuan, skyrocketing 308.76% year-on-year. Gross profit margin increased from 66.8% in 2024 to 72.1%.</p>\n<p>On March 30, Duan Yongping posted on Xueqiu: \"Spent the last couple of days looking at Pop Mart again and decided to retract my statement to Fang Zhang (Fang Sanwen, founder and chairman of Xueqiu) that I wouldn't invest in Pop Mart.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Duan Yongping's Take on Wang Ning: A Visionary Leader in the Making, Confirms Investment in Pop Mart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDuan Yongping's Take on Wang Ning: A Visionary Leader in the Making, Confirms Investment in Pop Mart\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-05-26 14:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On the evening of May 25th, a netizen asked Duan Yongping: \"What do you think of Wang Ning? Is he like Steve Jobs, both a timekeeper and a clockmaker?\"\nDuan Yongping responded today: \"I think Wang Ning's understanding and pursuit of his products are on the same level as Jobs, at least he will be in the future. Wang Ning's understanding of business seems to be even a bit stronger than Jobs'.\"</p>\n<p>In April of this year, Duan Yongping posted on the Xueqiu platform (ID: The Formless Way) stating, \"My Pop Mart insurance company is officially open for business,\" formally confirming that he had begun investing in Pop Mart. This statement drew significant market attention.\n\"Opening an insurance company\" is Duan Yongping's metaphor for building a position by selling put options. He has previously applied this strategy multiple times to targets like Tencent and Apple. In August 2024, when sharing his operation of selling Tencent put options, Duan Yongping explicitly stated it was \"just opening another insurance company to earn some premium.\"</p>\n<p>The specific mechanics of this strategy are: if the underlying stock price does not fall below the strike price, the option seller earns the full premium; if the stock price falls below the strike price, the seller is obligated to buy the underlying stock at the agreed strike price.</p>\n<p>On April 10, 2026, Duan Yongping commented on his investment in Pop Mart: \"Slowly gather funds, otherwise just collect some premium for now.\" On April 11, he further clarified in response to a netizen's question that he would gradually accumulate \"the desired share\" in the future.</p>\n<p>Duan Yongping's attitude towards Pop Mart has undergone a significant shift, from stating he \"would not invest\" to now saying, \"I am indeed a fan of Wang Ning.\"</p>\n<p>In January of this year, when responding to a netizen's question on Xueqiu, Duan Yongping mentioned he had roughly looked into Pop Mart and thought they were quite impressive. \"However, I still can't understand why people need this. What if everyone stops wanting it in a couple of years? If you believe people will always need it and their business will keep growing, then of course it's a decent investment for you.\"</p>\n<p>As early as August 23, 2025, just three days before Pop Mart's stock price was about to hit its all-time high, Duan Yongping had expressed similar caution.\nAt that time, an investor compared Pop Mart to \"the Moutai of the new consumer sector\" and asked for Duan's opinion on Xueqiu. Duan's reply was restrained and sharp: \"Pop Mart's products are indeed very interesting, and the founder is also a very interesting person. It's remarkable what they've achieved today, but I can't see what the company will be like in 10 years.\"</p>\n<p>The turning point came in late March this year when Pop Mart released its 2025 annual report. The company achieved annual revenue of 37.12 billion yuan, surpassing the 30 billion yuan mark for the first time, a surge of 184.71% year-on-year. Net profit attributable to shareholders was 12.776 billion yuan, skyrocketing 308.76% year-on-year. Gross profit margin increased from 66.8% in 2024 to 72.1%.</p>\n<p>On March 30, Duan Yongping posted on Xueqiu: \"Spent the last couple of days looking at Pop Mart again and decided to retract my statement to Fang Zhang (Fang Sanwen, founder and chairman of Xueqiu) that I wouldn't invest in Pop Mart.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0231483743.USD":"abrdn SICAV I - ALL CHINA SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","SGXZ86797644.SGD":"MAYBANK ASIAN GROWTH AND INCOME-I \"A\" (SGDHDG) INC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","PMRTY":"Pop Mart International Group Limited","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","SGXZ62798434.SGD":"MAYBANK ASIAN GROWTH AND INCOME-I \"A\" (SGDHDG) ACC","09992":"泡泡玛特","LU0611395673.USD":"NINETY ONE GSF EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0499858438.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) INC","BK1224":"专卖店","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0823426308.USD":"法巴中国股票基金","LU0499858602.USD":"NINETY ONE GSF ASIA PACIFIC EQUITY OPPORTUNITIES \"A\" (USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0359201612.USD":"贝莱德中国基金A2","SG9999002950.SGD":"United Asian Growth Opportunities SGD","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113604309","content_text":"On the evening of May 25th, a netizen asked Duan Yongping: \"What do you think of Wang Ning? Is he like Steve Jobs, both a timekeeper and a clockmaker?\"\nDuan Yongping responded today: \"I think Wang Ning's understanding and pursuit of his products are on the same level as Jobs, at least he will be in the future. Wang Ning's understanding of business seems to be even a bit stronger than Jobs'.\"\nIn April of this year, Duan Yongping posted on the Xueqiu platform (ID: The Formless Way) stating, \"My Pop Mart insurance company is officially open for business,\" formally confirming that he had begun investing in Pop Mart. This statement drew significant market attention.\n\"Opening an insurance company\" is Duan Yongping's metaphor for building a position by selling put options. He has previously applied this strategy multiple times to targets like Tencent and Apple. In August 2024, when sharing his operation of selling Tencent put options, Duan Yongping explicitly stated it was \"just opening another insurance company to earn some premium.\"\nThe specific mechanics of this strategy are: if the underlying stock price does not fall below the strike price, the option seller earns the full premium; if the stock price falls below the strike price, the seller is obligated to buy the underlying stock at the agreed strike price.\nOn April 10, 2026, Duan Yongping commented on his investment in Pop Mart: \"Slowly gather funds, otherwise just collect some premium for now.\" On April 11, he further clarified in response to a netizen's question that he would gradually accumulate \"the desired share\" in the future.\nDuan Yongping's attitude towards Pop Mart has undergone a significant shift, from stating he \"would not invest\" to now saying, \"I am indeed a fan of Wang Ning.\"\nIn January of this year, when responding to a netizen's question on Xueqiu, Duan Yongping mentioned he had roughly looked into Pop Mart and thought they were quite impressive. \"However, I still can't understand why people need this. What if everyone stops wanting it in a couple of years? If you believe people will always need it and their business will keep growing, then of course it's a decent investment for you.\"\nAs early as August 23, 2025, just three days before Pop Mart's stock price was about to hit its all-time high, Duan Yongping had expressed similar caution.\nAt that time, an investor compared Pop Mart to \"the Moutai of the new consumer sector\" and asked for Duan's opinion on Xueqiu. Duan's reply was restrained and sharp: \"Pop Mart's products are indeed very interesting, and the founder is also a very interesting person. It's remarkable what they've achieved today, but I can't see what the company will be like in 10 years.\"\nThe turning point came in late March this year when Pop Mart released its 2025 annual report. The company achieved annual revenue of 37.12 billion yuan, surpassing the 30 billion yuan mark for the first time, a surge of 184.71% year-on-year. Net profit attributable to shareholders was 12.776 billion yuan, skyrocketing 308.76% year-on-year. Gross profit margin increased from 66.8% in 2024 to 72.1%.\nOn March 30, Duan Yongping posted on Xueqiu: \"Spent the last couple of days looking at Pop Mart again and decided to retract my statement to Fang Zhang (Fang Sanwen, founder and chairman of Xueqiu) that I wouldn't invest in Pop Mart.\"","news_type":1,"symbols_score_info":{"09992":1,"PMRTY":1}},"isVote":1,"tweetType":1,"viewCount":88,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GEN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":47,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}