On May 29, Pop Mart (09992.HK) rose 4.15% in regular trading, trading at HK$170.4/share with trading volume of HK$19.22 billion, extending the previous session's 4.73% gain.

The rally is driven by the continued market reaction to renowned investor Duan Yongping's mandatory disclosure filing. According to HKEX filings, Duan purchased 9.8232 million shares on May 25 at an average price of HK$150 per share through H&H International Investment, LLC, bringing his total holding to 76.3716 million shares, or 5.69% of voting rights, crossing the 5% mandatory disclosure threshold and making him the company's second-largest shareholder behind founder Wang Ning. The transaction totaled approximately HK$1.47 billion. Duan previously revealed he had fully exited his China Shenhua position to concentrate on Pop Mart, praising Wang Ning's product understanding as being on the same level as Steve Jobs. Pop Mart reported Q1 overall revenue growth of 75%-80% year-over-year, with online channels surging 150%-155%.

(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.)