BlockBeats News, August 20, Duan Yongping gave investment advice to 40 million HKD investors on the Snowball platform as follows: "Half of the position in Maotai and Pinduoduo each, (firmly hold) without changes. Of course, I don't know what your definition of being poor is. An annual expenditure of 100 (thousand) should be enough, right?"
Duan Yongping has long favored Maotai and Pinduoduo stocks. He stated on August 13 that he is "willing to hold Maotai and bet one billion RMB against any domestic fund, emulating Buffett's ten-year agreement." In addition, Duan Yongping has reiterated his long-term holding strategy for Pinduoduo.
Regarding Moderna, a pharmaceutical stock he invested in in 2022, Duan Yongping stated today, "Can't understand, couldn't hold it, it's gone." Yesterday, Moderna and Merck announced a jointly developed personalized mRNA cancer vaccine. As a result, Moderna's stock price surged by 177%.
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