---
title: "Citi from \"The Big Banks\": LAOPU GOLD management is confident about sales prospects, reiterates \"Buy\" rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281459300.md"
description: "Citi released a research report, reiterating its \"Buy\" rating on LAOPU GOLD, believing that the management is confident about both short-term and long-term sales prospects. Despite the recent pullback in gold prices, customer behavior remains positive, and the short-term sales outlook is optimistic. In the long run, there is room for expansion in the customer base from entry-level to ultra-high-net-worth clients, indicating an increase in sales potential. The target price is set at HKD 1,162"
datetime: "2026-04-02T03:19:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281459300.md)
  - [en](https://longbridge.com/en/news/281459300.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281459300.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281459300.md) | [繁體中文](https://longbridge.com/zh-HK/news/281459300.md)


# Citi from "The Big Banks": LAOPU GOLD management is confident about sales prospects, reiterates "Buy" rating

Citi published a research report stating that LAOPU GOLD (06181.HK) management has shown strong confidence in both short-term and long-term sales prospects. They believe that despite the recent pullback in gold prices, encouraging customer behavior has been observed, and the short-term sales outlook remains positive. In the long run, there is ample room for expansion in the customer base, from entry-level to ultra-high-net-worth clients, indicating further potential for sales growth.

Citi reiterated its "Buy" rating on LAOPU and listed it as a top pick in the Chinese jewelry industry, with a target price of HKD 1,162

### Related Stocks

- [iShares MSCI Global Gold Miners ETF (RING.US)](https://longbridge.com/en/quote/RING.US.md)
- [EFUND GOLD MI-R (82824.HK)](https://longbridge.com/en/quote/82824.HK.md)
- [VanEck Gold Miners ETF (GDX.US)](https://longbridge.com/en/quote/GDX.US.md)
- [EFUND GOLD MI-U (09824.HK)](https://longbridge.com/en/quote/09824.HK.md)
- [ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF (159562.CN)](https://longbridge.com/en/quote/159562.CN.md)
- [US Global GO GOLD and Prec Mtl Mnrs ETF (GOAU.US)](https://longbridge.com/en/quote/GOAU.US.md)
- [Direxion Daily Gold Miners Bull 2X ETF (NUGT.US)](https://longbridge.com/en/quote/NUGT.US.md)
- [Huaan Yifu Gold ETF (518880.CN)](https://longbridge.com/en/quote/518880.CN.md)
- [ProShares Ultra Gold (UGL.US)](https://longbridge.com/en/quote/UGL.US.md)
- [ChinaAMC Gold ETF (518850.CN)](https://longbridge.com/en/quote/518850.CN.md)
- [LAOPU GOLD (06181.HK)](https://longbridge.com/en/quote/06181.HK.md)
- [iShares Gold Trust (IAU.US)](https://longbridge.com/en/quote/IAU.US.md)
- [Global X Gold Explorers ETF (GOEX.US)](https://longbridge.com/en/quote/GOEX.US.md)
- [Sprott Gold Miners ETF (SGDM.US)](https://longbridge.com/en/quote/SGDM.US.md)
- [abrdn Physical Gold Shares ETF (SGOL.US)](https://longbridge.com/en/quote/SGOL.US.md)
- [SPDR® Gold MiniShares (GLDM.US)](https://longbridge.com/en/quote/GLDM.US.md)

## Related News & Research

- [Fed's Musalem says inflation will go up on commodity price shock](https://longbridge.com/en/news/281379101.md)
- [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md)
- [U.S. Gold Corp. Highlights Additional Value Opportunities Beyond CK Gold Project Feasibility Study | USAU Stock News](https://longbridge.com/en/news/281350586.md)
- [Trump's fresh Iran threats give investors a risk-off reality check](https://longbridge.com/en/news/281476835.md)
- [Golden Minerals Delays Annual 10-K (Yearly Report) Filing](https://longbridge.com/en/news/281397131.md)