Pop Mart Stake Drops 2.1% as Duang Yongping Settles Expired Put Options

H&H International Investment reduced Pinduoduo stake to 5.55% following option exercises. Duang Yongping clarified the decline resulted from put expirations and call deliveries, not strategic selling.

Woofun AI reports that Duang Yongping addressed the recent reduction in his holding of Pinduoduo International Group Limited via a post on Snowball. He stated that the position change was driven by the expiration of put options and the exercise of call options.

Hong Kong Stock Exchange filings indicate H&H International Investment lowered its long position from 7.65% to 5.55% on July 30, 2026. The decrease stemmed from the delivery of approximately 8.9328 million shares at a settlement price of HK$162.50, required after sold call options were exercised. This mechanical adjustment, alongside other expiring derivatives, caused the reported drop in physical share ownership.