Duan Yongping, widely recognized as the "Chinese Warren Buffett," said on Apr 10
that he has begun building a position in Pop Mart via put options, describing it
as an “insurance-style” strategy to earn premiums while accumulating shares at
lower prices if the stock falls.
Duan said Pop Mart’s latest earnings sparked strong interest, prompting several
days of research. He noted he previously found the business interesting but
uncertain in profitability and sustainability, while the recent results changed
his view.
He also said he has “rarely felt this level of excitement in a long time,” and
added that he plans to gradually increase exposure over time depending on price
and further research. Pop Mart last up 6% in Hong Kong.
