POP MART's stock surged 5.12% during intraday trading on Thursday, marking a significant upward movement for the specialty retailer.

The price increase follows the disclosure that investor Duan Yongping and his controlled entity, H&H International, LLC, hold a combined stake of 76.3716 million shares in the company. This represents 5.69% of the issued voting shares, a position valued at approximately HKD 11.777 billion based on recent market capitalization, signaling substantial institutional confidence in the company's prospects.

Furthermore, POP MART's association with top-tier venture capital adds to the positive sentiment. The company was highlighted as one of the new industry leaders backed by Shen Nanpeng, the founding and managing partner of Sequoia Capital China, who was recently ranked second globally on the prestigious Forbes 2025 Midas List. This endorsement from a consistently top-performing investor is viewed as a strong validation of the company's business model and growth potential within the new consumption sector.