Movement Alert|POP MART Rises 3.01% in Regular Trading, Duan Yongping Vows 10-Year Hold as Labubu Dominates US Amazon Charts

Market Focus
Jul 29

On July 29, POP MART rose 3.01% in regular trading, trading at 167.1 HKD/share, with turnover of HKD 781 million, recovering losses from the previous session.

On the news front, renowned investor Duan Yongping recently stated he will \"most likely not sell\" POP MART shares within 10 years. HKEX filings show his stake has climbed to 7.65% with approximately 102 million shares, representing a position valued at around HKD 15.3 billion, making him the second-largest shareholder after founder Wang Ning. Duan has also disclosed maintaining positions through selling put options.

Simultaneously, POP MART's Labubu 4.0 Secret of Heart series topped the US Amazon trendy toy chart, with three products ranking in the TOP 10. The SKULLPANDA x My Little Pony collaboration also ranked fifth. The combination of a major shareholder's conviction-level commitment and continued validation of the overseas growth thesis has jointly bolstered market confidence.

(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.)

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