Chinese shares of Laopu Gold fall despite the income forecast three times

Shares Laopu Gold From May 20 since May 20, since May 20, after Chinese jewelry exceeded their net income for the first half of 2025, increased from 279% to 288% per year, or between 2.23 billion RMB and 2.28 billion RMB ($ 311.11 million to 318.08 million).

The stock, which increased by 203.07% today, increased by almost 4% in early trade, but bringing profits when investors blocked profits.

While Laopu Gold’s stock is running at the ninth reduction session, they took off more than 2000% since their list last year.

The company, which lists Hong Kong, also reported in the submission to the Hong Kong Stock Exchange on Sunday that its predicted profit for the first half will increase within 241% and 255% compared to the same period last year.

Concerns about rising gold prices and market reducing when receiving expectations caused a fall from the peak in early July, Morgan Stanley analysts said in a Monday research report.

Citi analysts also attributed a retreat in Laopu stock price in anticipation of the market and “promotion of the fund”, adding that stocks look relatively cheap.

However, the consulting firm Oliver Wayman said that Laopu’s profits are less related to the fluctuations in gold, unlike traditional jewelers, due to the design of their products that combine ancient skills with modern attractiveness.

The Chinese Jewelry brand was founded in 2009 and popular with young consumers with its distinctive designs, including ancient lotus coins and motifs.

“We believe that the current Laopu’s assessment has become more attractive in the last three weeks, despite the intact company’s growth history,” Nomura Analytts said.

A company based in Beijing has linked its upper and lower brand expansion lines on the Internet and through offline boutiques.

Laopu my boutiques in Shanghai, Shenzhen and Hong Kong, and opened it The first overseas shop in Singapore Marina -bei sand in June.

Laopu’s success contrasts with more amazing consumer costs in China.

Wealthy Chinese are more negative to the economy than they were during the pandemicAccording to a poll published last week by Oliver Weiman. The report found that many respondents transfer their costs from luxury goods to experience, such as travel.

Similarly, manufacturer labubu Pop -Mart issued an optimistic profit forecast for the first half of 2025 at the beginning of this month but Initially fell on the news. Pop Mart shares increased by 175.74%.

Unlike this, stock of Chinese sportswear Anta This year increased by 17.15%. The company stated that it was supplying that it reached a “positive” medium single for the products of the brand of the house and the “high -ranking figure of positive growth” for the products provided by Fila in the first half of this year.