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[Brokerage Focus] Guozheng International first assigned a "buy" rating to Laopu Gold (06181), indicating that there is significant potential for market expansion and price increases.
King's Finance News | Guo Zheng Guoji issued a research report, stating that Lao Pu Gold (06181) had revenues of RMB 3.28 billion and 35.2 billion yuan in full year 2023 and first half of 2024, respectively, with year-on-year growth rates of 145% and 148%, and net incomes of 0.416 billion yuan and 5.87 billion yuan, with year-on-year growth rates of 342% and 198%, showing a very strong growth momentum. The bank believes that Lao Pu Gold has the potential to become a luxury goods brand. If it can become a luxury goods brand, then there is great room for imagination both in terms of market space and pricing. The bank stated that since the beginning of this year, the price of gold has risen significantly.
Sinolink: In 2025, competition in beauty, medical aesthetics, and gold jewelry may continue to be intense. The popularity of trendy products is expected to continue with the resonance of supply and demand sentiment.
Beauty, medical beauty, gold jewelry and other optional consumer sectors are experiencing weakening prosperity, intensifying internal circulation, with emotional consumption leading the market, and the trendy market continuing to expand.
A Look At The Fair Value Of Laopu Gold Co., Ltd. (HKG:6181)
Laopu Gold Co. Ltd. Class H (6181) Gets a Buy From Jefferies
Jefferies Adjusts Laopu Gold's Price Target to HK$230 From HK$165, Keeps at Buy
UBS Group: Maintains a 'buy' rating on old store gold, with target price raised to 260 Hong Kong dollars.
UBS Group raised its earnings forecast for ubs group gold (06181) from 2024 to 2026 by 4% to 7% per share.
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