POP MART's stock surged 5.07% during intraday trading on Monday, extending its recent upward momentum.
The rally follows the disclosure that renowned investor Duan Yongping significantly increased his stake in the company. According to Hong Kong Exchange filings, Duan acquired 9.8232 million shares of POP MART on May 25, bringing his aggregate holding to 5.69% of the company's voting shares and making him the second-largest shareholder with a position valued at over HKD 11.7 billion.
Duan publicly praised founder Wang Ning and expressed strong conviction in the company's overseas expansion potential over the next 5 to 10 years. Analysts also noted that the company's core intellectual properties maintain strong vitality, with specific collaboration products and series achieving exceptional performance, further validating its IP operation capabilities.