According to a disclosure filed with the Hong Kong Stock Exchange (HKEX), renowned Chinese investor Duan Yongping increased his stake in Pop Mart International Group's H shares to 6.04% from 5.69% on May 28.

The increase suggests continued confidence in the company's long-term growth prospects. Duan has gradually built his position in Pop Mart through a series of purchases, further strengthening his status as one of the company's major external shareholders.

Investors often pay close attention to Duan's investment moves due to his long-term value-investing approach and successful track record in identifying high-quality consumer and technology companies. His increased stake is widely viewed as a positive signal for market sentiment toward the company.

The disclosure comes as Pop Mart continues to benefit from strong demand for its collectible toys and character-based intellectual property (IP) products. The company has also been expanding its international footprint, with overseas markets becoming an increasingly important driver of revenue growth.

Pop Mart's shares have attracted significant investor interest this year as the company continues to strengthen its brand portfolio and broaden its global presence. Market participants will likely keep a close watch on future filings for any further changes in Duan's holdings.