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Changes in Hong Kong stocks | Bubble Mart (09992) rose more than 4% in early trading, and Yongping once again increased its holding ratio in Bubble Mart to 7.65%
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The Zhitong Finance App learned that Bubble Mart (09992) rose more than 4% in early trading. As of press release, it had risen 3.52% to HK$156, with a turnover of HK$493 million.

According to the news, the Hong Kong Stock Exchange's latest equity disclosure shows that Duan Yongping once again increased his Bubble Mart shares. The number of shares held increased from 91.2728 million shares to 102 million shares, and the shareholding ratio further increased from 6.85% to 7.65%. Based on Bubble Mart's closing price of HK$150.7 on July 10, the market value of its latest positions has reached approximately HK$15.35 billion.

It is worth noting that on July 10, Duan Yongping said on social media platforms that the current market value of Bubble Mart is about HK$200 billion. Last year, it had already earned 13 billion yuan in profit, the business model has worked, and the corporate culture is very good. As long as consumer demand for “emotional value” continues to exist in the future, the company's average profit probability for the next 10 to 20 years will not fall below the current level.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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