ME News reports that on May 30 (UTC+8), renowned investor Duan Yongping engaged with investors and expressed confidence in Pop Mart’s future expansion into overseas markets. “Pop Mart has very high requirements for store locations, and prime locations are highly competitive; establishing a store network takes considerable time. Over the next 5 to 10 years, there will be significantly more overseas stores.” The news that Duan Yongping recently increased his stake in Pop Mart through his H&H International Investment continues to gain traction. On May 25, Duan bought 9.8232 million shares at an average price of approximately HK$150 per share, raising his ownership stake to 5.69% and making him the company’s second-largest shareholder, with a holding value exceeding HK$11.7 billion. Yesterday, Pop Mart surged strongly, closing up 8.98%, giving Duan an estimated paper profit of nearly HK$1 billion in a single day. Duan’s stance toward Pop Mart has recently shifted from his earlier position of “not understanding it and not investing” to publicly endorsing it and making a substantial investment. After becoming the second-largest shareholder on the 25th, he praised founder Wang Ning highly: “His understanding and pursuit of products are on par with Steve Jobs; his grasp of business may even be slightly stronger than Jobs’. I’m now truly a fan of Wang Ning.” He believes Pop Mart has established a proven business model with strong competitive advantages and is worth holding long-term. In May 2026, he plans to convert his entire position in China Shenhua into Pop Mart shares and change his Snowball avatar to Labubu. (Source: BlockBeats)
Investor Guo Ping buys 9.82 million shares in Pop Mart, becoming the second-largest shareholder.
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Summary
Investor sentiment remains bullish as Guo Ping, through H&H International Investment, purchased 9.8232 million Pop Mart shares at HKD 150 each on May 25, 2026. His stake now totals 5.69%, making him the second-largest shareholder with a holding valued at over HKD 11.7 billion. Guo expressed confidence in Pop Mart’s overseas expansion and praised founder Wang Ning, comparing his business acumen to that of Steve Jobs. The move underscores strong investor confidence amid a rising market Fear & Greed Index.
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