On July 16, Pop Mart rose 5.72% in regular trading, trading at 166.3 HKD/share.

On the news front, HKEX equity disclosures revealed that renowned value investor Duan Yongping significantly increased his holdings in Pop Mart, raising his stake from 91.27 million shares to 102 million shares, with his ownership percentage climbing from 6.85% to 7.65%. The position is now valued at over HKD 16 billion, making him the second-largest shareholder behind founder Wang Ning.

Duan Yongping built his position rapidly through selling put options and liquidated his entire China Shenhua Holdings to purchase Pop Mart, signaling firm conviction in the company's long-term value. He previously stated that Pop Mart has a proven business model with strong corporate culture, and that average annual profits over the next 10 to 20 years will likely not fall below current levels. This heavyweight endorsement from one of China's most closely watched value investors has significantly boosted market confidence and contributed to the stock's strong intraday performance.

(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.)