Futures
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Gold
One platform for global traditional assets
Options
Hot
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Introduction to Futures Trading
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Demo Trading
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Launch
CandyDrop
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Launchpool
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HODLer Airdrop
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Pre-IPOs
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Alpha Points
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Futures Points
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Duan Yongping used options to buy Pop Mart. Because he was unfamiliar with the rules, he directly sold 225,000 shares. If everything is fully exercised at expiration, Duan Yongping would need to buy 45 million shares of stock, nearly 100 billion Hong Kong dollars.
He would directly become Pop Mart’s 3rd-largest shareholder, only behind Wang Ning and Pop Mart’s management…
Why did Pop Mart rise? With Duan’s nearly 100 billion Hong Kong dollars worth of buy orders below, who could possibly drive it down…
The shorts have retreated.