Stock Track | Pop Mart Soars 5.12% Intraday Following Prominent Investor Duan Yongping's Position Switch

Stock Track

05/07

POP MART's stock surged 5.12% during intraday trading on Thursday, driven by significant investor interest.

The sharp rise followed a public disclosure by renowned Chinese investor Duan Yongping, who announced via social media that he had sold his entire position in China Shenhua Energy and switched his investment to Pop Mart. Duan praised China Shenhua as a strong company that delivered excellent returns but expressed his shift in focus to the trendy toy maker.

This endorsement from one of China's most followed value investors triggered immediate buying interest among retail investors, who viewed the move as a sign of confidence in Pop Mart's long-term growth prospects. The company, known for its collectible designer toys and Labubu characters, has been a standout consumer stock in Hong Kong, benefiting from strong demand for blind-box collectibles and overseas expansion.

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Duan praised China Shenhua as a strong company that delivered excellent returns but expressed his shift in focus to the trendy toy maker.</p><p>This endorsement from one of China's most followed value investors triggered immediate buying interest among retail investors, who viewed the move as a sign of confidence in Pop Mart's long-term growth prospects. 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