Duan Yongping continues to add positions in Bubble Mart is optimistic about overseas expansion prospects and speaks highly of founder Wang Ning

Well-known investor Duan Yongping recently expressed in exchanges with investors that he continues to be optimistic about Bubble Mart's future overseas growth potential. He believes that Bubble Mart has high requirements for store location selection, and high-quality commercial location resources are scarce, so the construction of a global store network requires a long period of time. With the advancement of its internationalization strategy, the company will still have large store space in overseas markets in the next 5 to 10 years.<br /> Recently, the news that Duan Yongping increased his holdings of Bubble Mart through H International Investment has attracted market attention. According to public information, it bought approximately 9.8232 million shares at a price of approximately HK$150 per share on May 25, increasing its shareholding ratio to 5.69%, becoming the company's second largest shareholder, with a market value of more than HK$11.7 billion.<br /> Driven by market sentiment, Bubble Mart's share price has continued to strengthen in the near future. Data showed that the company's share price closed up 8.98% yesterday. Based on the size of his positions, Duan Yongping's single-day book floating profit was close to HK$1 billion.<br /> It is worth noting that Duan Yongping's investment attitude towards Bubble Mart has changed significantly. It had previously publicly stated that it "couldn't understand" the relevant business, but as the company's business model gradually matured, it began to significantly increase its position and was optimistic about the company's development for a long time.<br /> After becoming the second largest shareholder, Duan Yongping publicly praised Wang Ning, founder of Bubble Mart, believing that he had reached a very high level of product understanding and user needs, and said that he had become a supporter of Wang Ning. He also pointed out that Bubble Mart has verified the sustainability of its business model and established strong competitive barriers, which has long-term investment value.<br /> Public information shows that Duan Yongping has further increased the allocation ratio of Bubble Mart this year and adjusted some traditional energy sector positions to the company to express his optimism about its long-term growth prospects.