POP MART's stock experienced a significant uptick during the trading session, rising more than 7 percent. The share price reached a high of 162.8 Hong Kong dollars, with current trading volume exceeding 3.1 billion Hong Kong dollars.

The market movement follows recent frequent mentions of POP MART by renowned investor Duan Yongping, who publicly stated, "My POP MART insurance company is now officially open for business." This indicates that Duan Yongping has begun accumulating a position in POP MART by selling put options. If the stock price remains above the strike price, he will earn the premium; if it falls, he can establish a position at a lower cost.

Duan Yongping commented, "POP MART's competitive moat is larger than I initially thought, and I am now a fan of Wang Ning." He identified several apparent barriers for the company: established user attention (brand value), exclusive contracts with artists, a global retail store network, and a strong leadership team under Wang Ning covering production, logistics, quality control, and other functions. "These advantages do not guarantee that trendy toys will always be popular, but they ensure that POP MART remains the focal point for consumers who enjoy them."