On October 20, value investor Duan Yongping said on Xueqiu that he is “thinking about what the price will be in 10 years” and believes it “should not lose to putting money in the bank,” in response to a question related to POP MART.
The remark came as he replied to a user who cited his earlier “ten-year lock-up” approach and noted he typically sets a rough price target for stocks he buys. The user wrote, “for example, you might believe that ge will eventually be worth $20, and that Apple will one day be worth $600,” before asking whether Duan had a rough price in mind this time for POP MART.
Duan did not provide a specific price or additional details, emphasizing only a 10-year horizon and a comparison with bank deposits.