HK Stock Market News | Lao Pu Gold (06181) rose nearly 5%, recently announced the second price increase of the year, CITIC Securities is bullish on the company's future growth prospects.

Lao Pu gold (06181) rose by nearly 5%, as of the time of publication, up by 4.95%, closing at 171.8 Hong Kong dollars, with a turnover of 0.139 billion Hong Kong dollars.

Zhitong FinanceOct 9 03:21 ET

Analysts Offer Insights on Materials Companies: Sailfish Royalty (OtherSROYF), Laopu Gold Co. Ltd. Class H (HK:6181) and Air Products and Chemicals (APD)

TipRanksOct 8 05:03 ET · Ratings

CICC Starts Laopu Gold at Outperform With HK$205.18 Price Target

MT NewswiresOct 8 04:58 ET · Ratings

CICC: First coverage on gold (06181) with an "outperform industry" rating and a target price of HKD 205.18.

The company is strict in selecting store locations, with only 33 stores as of 1H24, possessing high store efficiency and high sales per square meter. Zhongjin believes that there is broad future store expansion potential for Lao Miao gold.

Zhitong FinanceOct 7 21:07 ET

Investors Shouldn't Be Too Comfortable With Laopu Gold's (HKG:6181) Earnings

Simply Wall StOct 2 19:36 ET

In focus of brokerage, caitong first initiated an "shareholding" rating for the veteran gold (06181) with a focus on channeling products to build brand momentum.

Jingu Wealth News | Caitong Securities' research report pointed out that Lao Pu Gold (06181) has three driving forces for growth, including boosting brand momentum by breaking through user circles, high growth in single store efficiency, and expanding stores. 1) The company's product and brand momentum continues to rise, targeting the demand of high net worth individuals, with the penetration rate expected to continue to increase. At the same time, high-income young users are breaking through circles, diversifying the user population; 2) With the diversity of products in single stores, optimization of channel business conditions, and price increases, store efficiency is expected to continue to exceed expectations and capture traditional jewelry and luxury goods brand users. 3) Expansion of stores is of high standards and restraint, planning to open 13 stores in the next 2 years. The bank stated that the following three factors together

Jingu Finance NewsOct 2 03:00 ET