---
title: "Laopu Gold falls nearly 8% as Hang Seng Index widens afternoon losses"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295500570.md"
description: "Laopu Gold slides nearly 8% to HK$364, leading blue-chip decliners after yesterday's record high."
datetime: "2026-08-11T07:46:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295500570.md)
  - [en](https://longbridge.com/en/news/295500570.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295500570.md)
generator: "portal-rs"
---

# Laopu Gold falls nearly 8% as Hang Seng Index widens afternoon losses

Laopu Gold (6181.HK) fell nearly **8%** in late afternoon Hong Kong trading to **HK$364**, as the Hang Seng Index widened its decline to 1%. The stock was the biggest decliner among blue-chip constituents, reversing from a record high set in the previous session when it surged more than 12%.

The company's recent discount promotions have raised concerns about its brand premium pricing power. Morgan Stanley has cut its target price on the stock from HK$590 to HK$505, maintaining an "overweight" rating, and expects second-quarter revenue to decline more than 30% from a year earlier.

### Related Stocks

- [06181.HK](https://longbridge.com/en/quote/06181.HK.md)

## Related News & Research

- [Laopu Gold: Revenue up 60%, net profit up 88%, and interim dividend nearly doubled year-over-year](https://longbridge.com/en/news/296882097.md)
- [LAOPU GOLD  1H26 Net Profit Up Over 88%; Interim DPS Hikes 88% YoY to RMB18.02](https://longbridge.com/en/news/296883975.md)
- [BofAS Raises LAOPU GOLD  TP to HKD399, Reiterates Neutral Rating on Low Earnings Visibility](https://longbridge.com/en/news/297147023.md)
- [LAOPU GOLD Plans Ambitious Overseas Expansion Next Yr, Will Not Conduct Market Cap Mgmt by Buybacks or Stake Increases](https://longbridge.com/en/news/296986452.md)
- [Laopu Gold (SEHK:6181) Stock Flat Despite 88% Profit Growth](https://longbridge.com/en/news/297044036.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**