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LAOPU GOLD Surges 10% Against Mkt, Peaks at $267
Recommend 2 Positive 9 Negative 1 |
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LAOPU GOLD (06181.HK) opened flat today (2nd) before being popular among capital, and peaked at $267. The stock last printed at $266.8, surging 10.61%, with 441,500 shares traded, involving $113 million. LAOPU GOLD was listed in June 2024, with an offer price of $40.5 per share. In the short term, the Company will benefit from the uptrend of gold price and upgrade in workmanship, while the trend of brand expansion is expected to continue, according to a research report released by Guolian Securities. Furthermore, it is expected that the Company's market share in the antiquity gold market will continue to increase as it benchmarks itself against international high-end jewelry brands, and LAOPU GOLD will become the first luxury brand in China's gold jewelry market. AAStocks Financial News |
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