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[Brokerage Focus] Debang Securities maintains a 'Buy' rating for Laopu Gold (06181), expecting the company to have more than double the space for future store openings.
Jinwu Financial News | Debon Securities has pointed out that Laopu Gold (06181) has unique product designs that combine with traditional culture to launch new products with high spiritual cultural value. From the perspective of new products, the company recently launched the Six-Eye Tianzhu and Nine-Eye Tianzhu series products, with the launch of the Snake Pendant and Snake Statue planned for the end of 2024. The institution believes that the strong new product development capability is due to the company's organizational system and industry insight. The company's founder, Mr. Xu Gaoming, serves as Chairman, General Manager, and Head of R&D, deeply understanding the combination of ancient gold craftsmanship and traditional jewelry culture. Mr. Xu has many years of experience in cultural products, playing a pivotal role in the company.
[Brokerage Focus] JPMorgan maintains a 'Shareholding' rating for Old Paved Gold (06181), indicating a positive growth outlook.
Gold News | JPMorgan released a research report stating that despite uncertainty in overall Consumer spending, it remains bullish on the growth visibility of Laopu Gold (06181). It believes that Laopu Gold is expected to achieve strong growth through brand value building, product innovation, and a strong value proposition under the trend of national tide. The bank stated that from a channel perspective, despite fluctuations in Gold prices in the fourth quarter of 2024, Laopu Gold's offline and online channels are performing strongly. During the 2024 Singles' Day Sales event, Laopu ranked first in GMV in the jewelry Industry on Tmall, far surpassing its seventh-place ranking in the 2024 '618' event.
Laopu Gold Co. Ltd. Class H (6181) Receives a Buy From J.P. Morgan
[Hong Kong Stock Connect] Lao Pu Gold (06181) rose by 3.31%. Institutions indicated that the company's ancient method gold has a high-end positioning, and its high growth market has been widely recognized.
Jingwu Financial News | Laopu Gold (06181) stock price surged, up 3.31% as of publication, priced at 281 HKD, with a transaction volume of 48.98 million HKD. On the news front, Guolian issued a Research Report stating that in the short term, benefiting from rising Gold prices and technological upgrades, Laopu Gold enjoys dual benefits from the migration of embedded jewelry to Gold categories and the upgrade of demand for gold jewelry accessories, the trend of brand expansion is expected to continue since 2023. In the long term, benchmarking against international high-end jewelry brands, the company has ample space in dimensions such as store expansion/customer single order enhancement/brand overseas expansion, and the funds raised by the company are intended to strengthen brand building, with solid operation.
The rebound in gold prices has boosted related stocks, with Lao Pu Gold reaching a new high since its listing.
① What do Institutions think about the future gold prices? ② Why does the old gold store continue to attract capital attention?
Hong Kong stocks closed (01.02) | The Hang Seng Index fell by 2.18% while the Golden Industrial Concept rose against the trend. Semiconductors and the large financial Sector had the largest declines.
The Hong Kong stock market had a poor start in 2025, with all three major indices declining, each dropping more than 2%. The Hang Seng Index once again fell below the 20,000 mark, and the Hang Seng China Enterprises Index at one point dropped over 3% in the afternoon.
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