Duan Yongping-managed H&H International Investment, LLC increased its holding in Pop Mart's H shares (mainland Chinese companies listed in Hong Kong) to 7.70% on Aug. 6 from 5.55%, HKEX filings show. The move followed an Aug. 5 disclosure that the firm's long position (a bullish holding) in Pop Mart International Group Limited had fallen from 7.65% to 5.55% on July 30, 2026. Responding on Xueqiu to the day's stake reduction, Duan said "the put expired, and some shares were called away by call options."