HK Stock Market Move | POP MART (09992) rose by over 7% again, Duan Yongping previously stated in a post that he plans to continue increasing positions.

POP MART (09992) rose by over 7%, up 7.4% at the time of publication, closing at HK$174.2, with a turnover of HK$1.56 billion. On the news front, on May 7th, well-known investor Duan Yongping posted on social media that he had fully exchanged his shares in coal stock China Shenhua Energy for the trend-playing company POP MART. It is worth noting that Duan Yongping has recently spoken out frequently, mentioning POP MART several times in investor communities. In April this year, Duan Yongping mentioned that "My POP MART insurance company is officially open for business" and stated that unless his ideas changed, he would continue to collect target positions in the future. He mentioned that the latest profit performance in POP MART's financial report has aroused his curiosity, prompting him to study the company for several days in a row, saying "I haven't felt this excited in a long time." At the end of April, POP MART's LABUBU refrigerator was released, with 1998 units selling out in seconds and second-hand prices reaching up to 2.5 times the original price, further confirming the strong appeal of the IP. By the end of 2025, POP MART operated 630 stores in 20 countries worldwide, with a net increase of 109 stores for the year. Guosen believes that the company's IP operating capabilities have been continuously validated, overseas channels are growing rapidly, and diversification of business formats is expected to enhance IP operating depth. The current valuation is believed to have room for upward revision.