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Duan Yongping Buys 30,000 Shares of Kweichow Moutai
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On September 28, prominent Chinese investor Duan Yongping (known as 'Daowu Wuxing Wo You Xing' on Xueqiu) posted that he had purchased 30,000 shares of Kweichow Moutai, sharing a screenshot of the transaction. Duan, who has long held Moutai, Tencent, and Apple as his three heavy positions, reiterated his confidence in the baijiu giant. Earlier this year, he also increased his stake in Pop Mart. In a July 10 response to a user question about choosing between Moutai and Pop Mart, Duan stated that over the next decade, Moutai offers more stability while Pop Mart has greater appreciation potential. The report highlights Duan's continued investment activity in Chinese consumer stocks and his comparative view on the two companies' long-term prospects.
Source report
On September 28, renowned investor Duan Yongping (known as "Daowu Wuxing Wo You Xing" on the Xueqiu platform) posted that he had "bought some Kweichow Moutai." A screenshot he shared showed a purchase of 30,000 shares of the company.
Image source: Social media platform
Long-Term Holdings
In an interview last November, Duan stated that both Moutai and Tencent are companies he holds for the long term. He remarked:
"Generally, I tell people that I only have three heavy positions: Apple, Moutai, and Tencent. That's pretty much the case."
Recent Moves in Pop Mart
Notably, Duan has increased his holdings in Pop Mart multiple times this year. On July 10, when asked by a netizen to choose between Moutai and Pop Mart, Duan responded:
"From a ten-year perspective, Moutai is more stable, while Pop Mart has greater room for appreciation."
Source
搜狐财经Eastern
Part of this Story
Duan Yongping Buys 30,000 Kweichow Moutai Shares, Stock Rebounds on September 28