---
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 schedules board meeting to review interim results, consider dividend](https://longbridge.com/en/news/295765726.md)
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- [ZHAOJIN MINING  Interim Net Profit Up 9.6% YoY to RMB1.578B; No Dividend Declared](https://longbridge.com/en/news/296702659.md)
- [M Stanley: LAOPU GOLD  Issues Positive Profit Alert but Misses Expectations, Expects Weak Near-term Share Price Sentiment](https://longbridge.com/en/news/293999299.md)
- [Laopu Gold Sees Profit Surge on Brand Expansion and High-Value Demand](https://longbridge.com/en/news/293902332.md)

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