On 27 February 2025, customers line up in front of Laopu Gold Store in Shanghai, China.
Cfoto | Future publication | Getty images
Share of Laopu gold After estimating its net profit for the first half from May 20 to 2025, they fell at the lowest level since May 20, in 279% to 288% year or RMB 2.23 billion and RMB 2.28 billion ($ 311.11 million to $ 318.08 million).
Stock, which is 203.07% for the year for the year, increased by nearly 4% in early trade, but investors were shut down in their profits.
While Lopu Gold’s shares are definitely for their ninth season of decline, they have increased by more than 2,000% since their listing last year.
Hong Kong-listed company also reported In a filing On Sunday, its estimated revenue for the first half of the year will increase between 241% and 255% for the first half of the year that the first half of the year.
Laopu Gold shares fell to their lowest level from May 20
City analysts attributed the retreat to the retreat to the market expectations and the retreat for “fund flow” at the price of Laopu, saying that the stock looks relatively cheap.
Morgan Stanley analysts stated in a research report on Monday that similarly, due to reducing market hopes and concerns, the stock caused the stock to fall from its peak in early July.
However, Consulting firm Oliver Voman said that Laopu’s earnings are at least tied to gold prices, unlike traditional jewelers, due to designs of its products, which mix ancient craftsmanship with contemporary appeal.
The Chinese jewelry brand was established in 2009 and is popular among young consumers for its specific designs including ancient coin pendants and lotus motifs.
Nomura analysts said in a report, “We believe that the current assessment of Laopu has become more attractive despite the company’s intact development story in the last three weeks.”
The Beijing-based company attributed the increase in its top and bottom lines for the expansion of the brand through online and offline boutiques.
Laopu has boutiques in Shanghai, Shenzhen and Hong Kong, and opened it First Overseas Store in Marina Bay Sands in Singapore In June.
Laopu’s success is opposite with more tepid consumer expenses in China.
The rich Chinese economy is more negative, as they were during the epidemicAccording to a survey released last week by Oliver Wide. The report found that many respondents are leading their expenses to experience experiences away from luxury goods, such as travel.
Similarly, Labubu-Mekar Pop mart Earlier this month, an excited benefit was issued for the first half of 2025, but its Hong Kong-list stock Initially dropped on newsPop Mart shares are 175.74% year-over year.
In contrast, Chinese sportswear company shares Anta So far this year, there has been an increase of 17.15%. The company said in a filing on July 21 that it achieved “mid-single digit positive growth” for house brand products and “high-Singal Digit Positive Growth” for the first half of this year achieved “high—–ise-attainment positive growth” for “high-singal digit positive growth”.
