I've also made a mistake before. It seems like PetroChina is one lot of a thousand shares, which really confused me at the time, but the outcome was good 🤣🤣🤣

Longbridge - 林氪
林氪

LOL, Duan Yongping's misoperation might make him the third largest shareholder of Pop Mart.

Duan Yongping, who mainly invests in the US stock market. He is probably accustomed to the US stock options convention where 1 contract = 100 shares. It might be that for Tencent's Hong Kong-listed options, 1 contract equals 100 shares, leading Duan to think it's the same as in the US market. After switching to Hong Kong stocks, he probably didn't notice that 1 contract and 100 shares are not always equivalent. For example: Meituan, 1 option contract corresponds to 500 shares. Xiaomi, 1 option contract corresponds to 1000 shares. And the underlying asset in this trade, Pop Mart, 1 option contract corresponds to 200 shares. Without fully understanding the rules, Duan Yongping...

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