---
title: "Citi from \"The Big Banks\": LAOPU GOLD management is confident about sales prospects, reiterates \"Buy\" rating"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/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)
---

> 支持的语言: [English](https://longbridge.com/en/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

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