Pop Mart's Q3 overall revenue fell 45%-50% year-on-year; Duan Yongping previously said he would continue to increase his stake.

October 27 - According to a Pop Mart (09992.HK) announcement, overall revenue (unaudited) for the third quarter of 2026 decreased by 45%-50% year-over-year compared to the third quarter of 2025; of which China revenue decreased by 25%-30% year-over-year, Asia-Pacific revenue decreased by 65%-70% year-over-year, Americas revenue decreased by 70%-75% year-over-year, and Europe and other regions revenue decreased by 50%-55% year-over-year. China offline channel revenue decreased by 5%-10% year-over-year, and online channel revenue decreased by 45%-50% year-over-year.

At today's Hong Kong stock market close, Pop Mart fell 0.75%, with market capitalization dropping to HK$175.79 billion.

previously reported that on October 21, a netizen asked Duan Yongping about Pop Mart investment-related questions, and Duan Yongping responded: "I should buy some more, but not more than 10% of the company." Duan Yongping previously gave investment advice on the Xueqiu platform to investors with a scale of HK$40 million as follows: half position in Moutai and half in Pop Mart, (firmly hold shares) without moving.

On August 20, according to Hong Kong Exchange disclosures, the shareholding ratio of H&H International Investment, LLC managed by Duan Yongping in Pop Mart H-shares increased from 5.55% to 7.70% on August 06.