Triple the position! Duan Yongping further increases holdings in POP MART (09992), raising ownership to 7.65%

Duan Yongping once again increased his holdings in POP MART (09992). The latest equity disclosure information from the Hong Kong Stock Exchange shows that on July 6, Duan Yongping's controlled H&H International Investment, LLC increased its holdings of POP MART by 10.59 million shares, with the highest price of HK$150 per share, involving an amount of approximately HK$1.589 billion. After this increase, Duan Yongping's number of shares held increased from 91.27 million shares to 101.8628 million shares, and his shareholding ratio increased from 6.85% to 7.65%. Based on the closing price of HK$150.7 on Friday, July 10, the value of his holdings is approximately HK$15.351 billion. It is worth noting that since April, Duan Yongping has been intensively signaling his bullish view on POP MART. On April 9, Duan Yongping first mentioned on Xueqiu that "My POP MART insurance company is officially open for business", revealing that he had started investing in POP MART. On May 7, he stated on social media that he had completely exchanged China Shenhua Energy for holdings of POP MART, and had started actual position building with real money, and subsequently increased his position multiple times. Disclosure data shows that this is Duan Yongping's third time increasing his position in this globally leading Chinese trend cultural entertainment group. He increased his holdings by 9.8232 million shares and 4.66 million shares on May 25 and May 28 respectively. On July 10, Duan Yongping mentioned POP MART again on social media. He stated that POP MART is currently a company with a market value of around HK$200 billion, which made a profit of RMB 13 billion last year, its business model is well established, with a good corporate culture, and the average annual profit for the next 10 to 20 years is unlikely to be lower than the current level. He also believed that from the perspective of the next 10 years, Moutai is more stable, but POP MART has greater potential for appreciation.