Understanding the Market | LAOPU GOLD rises over 6%, Morgan Stanley indicates a clear trend of brand value enhancement and reaffirms "Overweight" rating
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LAOPU GOLD's stock price rose by more than 6%, with an increase of 6.06% as of the time of publication, reaching HKD 735, with a transaction volume of HKD 1.13 billion. JP Morgan released a research report indicating a clear trend of brand value enhancement, with consumers willing to queue for shopping. Retail sales are expected to remain strong, with the target price slightly raised to HKD 1,296, reiterating the "Overweight" rating, believing that LAOPU GOLD is one of the preferred stocks in China's consumer sector
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