BlockBeats News, May 30th - Today, well-known investor Neil Shen expressed optimism about Pop Mart's future expansion in the overseas market during an interaction with investors, stating that "Pop Mart has very high requirements for the location of its stores, and prime locations are often in high demand. Store layout takes a long time, and in the next 5-10 years, there will be many more overseas stores."
"The news of the recent increase in Pop Mart's holdings by well-known investor Neil Shen through his H&H International Investment continues to ferment. On May 25th, Neil Shen bought 9.8232 million shares at an average price of approximately HK$150 per share, increasing his stake to 5.69% and becoming the company's second-largest shareholder, with a holding market value exceeding HK$11.7 billion. According to Bitget market data, Pop Mart saw a strong surge yesterday, with a closing increase of 8.98%. Neil Shen's single-day paper profit was close to HK$1 billion.
