ME News reports that, on August 5 (UTC+8), a Hong Kong Exchange filing showed that renowned investor Duan Yongping’s stake in POP MART decreased to 5.55%. That evening, Duan responded online: “The puts expired, and some were called away.” This indicates the reduction in ownership stake resulted from the expiration and exercise of options contracts. (Source: ODAILY)
Duan Yongping's stake in Pop Mart falls to 5.55% due to expired options
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Summary
As of August 5, Duan Yongping’s stake in Pop Mart decreased to 5.55%, according to HKEX filings. The investor explained on social media that the reduction resulted from expired and exercised options: “It’s just puts expiring, part of it was called away.” This move underscores activity in the options market, a key area for traders monitoring altcoins. The shift illustrates how derivatives can influence the holdings of major stakeholders.
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