HK Stock Market Move | POP MART (09992) rose more than 4% in early trading. Duan Yongping once again increased his holdings in POP MART, raising his stake to 7.65%.

POP MART (09992) rose more than 4% in early trading. As of the time of writing, it had risen by 3.52% to 156 Hong Kong dollars, with a trading volume of 493 million Hong Kong dollars. On the news front, the latest equity disclosure information from the Hong Kong Stock Exchange shows that Duan Yongping has once again increased his holdings of POP MART shares, with the number of shares held increasing from 91.27 million to 102 million, and his shareholding percentage increasing from 6.85% to 7.65%. Based on POP MART's closing price of 150.7 Hong Kong dollars on July 10, the latest market value of his holdings has reached approximately 15.35 billion Hong Kong dollars. It is worth noting that on July 10, Duan Yongping stated on social media that the market value of POP MART is approximately 200 billion Hong Kong dollars, and it made a profit of 13 billion RMB last year. The business model has been proven successful, and the company culture is very good. As long as the demand for "emotional value" from consumers continues in the future, the company's average profit in the next 10 to 20 years is likely to not be lower than the current level.