Recently, there's an interesting piece of gossip in the investment circle: Is 65-year-old Duan Yongping dating someone?

Otherwise, how do you explain this veteran value investor, who has always believed in not investing in what he doesn't understand and heavily invested in Apple and Moutai, suddenly starting to promote Pop Mart $PMRTY ?
He even personally went to the U.S. in early April to inspect the stores.
A billionaire old man observing a small 60-square-meter shop for a long time, and finally concluding: this is the true representative of Chinese products going global.
He publicly retracted his previous statement: not investing in Pop Mart.
The explosive growth of overseas revenue proves that this business is not relying on China's social media dividends but has global convertibility.
Meanwhile, Pop Mart founder Wang Ning’s interview collection, "Because of Uniqueness," directly shot to the top of the reading hot search list.
If you look at the financial reports, you'll find that this company's gross profit margin is astonishing (over 72.1%), and its cash flow is as good as printing money.
For those studying asset allocation, this kind of “cash cow” is the right price when stock prices are halved and valuations revert.
Balance sheet: plenty of cash, extremely low debt. In Old Duan’s eyes, this is a classic good business.
The most impressive thing about Old Duan isn’t that he invested in Apple, but that at his age, he can still say in front of the public: “I was wrong before.”