Duan Yongping Pop Mart Stake Drops 2.1% to 5.55% via Options

HKEX data reveals Duan Yongping’s Pop Mart holding fell from 7.65% to 5.55% on July 30. Pop Mart clarifies the change stems from options contract fulfillment, not voluntary secondary market sales.

Woofun AI reports that Hong Kong Exchanges and Clearing disclosed a reduction in Duan Yongping’s long position in Pop Mart, held through H&H International Investment, from 7.65% to 5.55% on July 30. This decrease of 2.1 percentage points occurred shortly after Duan stated on Xueqiu that he had only recently begun buying shares and did not intend to sell within ten years. Pop Mart clarified to reporters that the decline resulted from the fulfillment of options contracts involving share delivery, rather than direct sales in the secondary market. A capital market analyst explained that the change relates to narrow price ranges set in prior put and call option transactions, characterizing it as short-term trading behavior consistent with an 'options leasing' strategy rather than an intentional reduction in holdings.