段永平回应泡泡玛特持仓变动：从未直接卖出，长期看当前价位不贵

The Odaily Planet Daily reported that Duan Yongping responded on Xueqiu to recent changes in his Pop Mart holdings, stating that he has "never directly sold a single share of Pop Mart," and that some changes in holdings mainly stem from options trading and expiration exercises, which do not represent a long-term bearish view on Pop Mart.

Duan Yongping stated that when his put-selling positions approach the upper limit, he adopts a strategy of "buying the stock + selling calls," where the stock is called away upon expiration, which is essentially a similar trading strategy to having puts exercised at expiration. Currently, the option premium for Pop Mart is approximately 5% per month, and he may continue using this strategy for a longer period in the future.

Regarding Pop Mart's valuation, Duan Yongping said, "In the long term, I believe the current price of Pop Mart is not expensive; in the short term, it is uncertain." He emphasized that he has not set a specific time or price to sell Pop Mart, and it is possible that he will not do so for a long time.