Laopu Gold (6181.HK) climbed 3.78% in Monday's session in Hong Kong to HK$346.20. The stock spiked in a rapid five-minute rally in early trading, with intraday volatility widening sharply and the price reaching a session high of HK$350.

The gains came as Hong Kong-listed gold stocks rallied broadly, with several names in the sector up more than 3%. The Hang Seng Index opened 186 points higher, reflecting a firmer tone across the market.