Understanding the Market | LAOPU GOLD rises over 6% against the trend, having surged 20 times since its listing. Credit Suisse indicates that its strong growth can enjoy a higher premium
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LAOPU GOLD's stock price rose over 6% against the trend, with a cumulative increase of 20 times since its listing in June last year, currently reported at HKD 850. Jefferies raised its target price from HKD 230 to HKD 1,068, with a rating of "Buy," expecting net profits for 2025 and 2026 to be raised by 140% and 227%, respectively. The company's chairman stated that they will strive to create the number one brand of traditional Chinese gold, with future sales targets exceeding RMB 1 billion per store
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