According to BlockBeats, on August 5th, Duan Yongping responded again on Xueqiu to his reduction of his Pop Mart holdings that day, and discussed his long-term holding strategy: "The main reason was that my put options expired, which significantly impacted my shareholding ratio. Also, for some stocks, I simultaneously sold call options when I bought them, and those options were exercised, effectively 'calling away' the shares. As long as the stock price stays within a certain range, I will likely continue to operate in this manner. From the beginning, I said, 'Pop Mart Insurance Company has opened,' but many people didn't understand what that meant."

The Hong Kong Stock Exchange disclosed today that H&H International Investment, managed by Duan Yongping, reduced its long position in Pop Mart International Group Limited from 7.65% to 5.55% on July 30, 2026. Following the exercise of some call options upon maturity on July 30, Duan Yongping was required to surrender shares at the agreed price, resulting in a reduction in his physical shareholding. The exercise involved the surrender of some shares at a composite settlement price of approximately HK$162.50, leading to a net reduction of approximately 8.9328 million shares in his physical shareholding.

BlockBeats Note: Duan Yongping stated in April of this year that "Pop Mart Insurance Company has opened," meaning that it has officially started selling Pop Mart put options (selling Put), acting as an insurance company to collect "premiums" (option premiums) from other traders. If the stock price falls, it will buy at a low price; if it does not fall, it will earn the option premium.

According to BlockBeats, on August 5, the Associated Press reported that two Gulf officials said that negotiators from Iran and Oman have finalized a draft agreement on the Strait of Hormuz and are awaiting final approval from Iran's Supreme Leader.

Earlier today, it was reported that the United States, Iran, and Oman are close to reaching a 60-day interim agreement to reopen the Strait of Hormuz. Under the proposed plan, ships entering the Persian Gulf will pass through Iranian waters, while ships leaving the Strait of Hormuz for the Arabian Sea will pass through Omani waters. No tolls or transportation fees will be charged during the initial 60 days. The parties also agreed to clear naval mines from the Strait of Hormuz area to restore a safer shipping environment and pave the way for negotiations on a longer-term passage arrangement.