On May 26, Lao Pu Gold rose 3.07% in regular trading, trading at HK$521.0 per share, with trading volume of HK$209 million.

On the news front, the rally was supported by the controlling shareholder Xu Dongbo purchasing approximately 335,700 H shares on the open market with personal funds on May 20, totaling approximately HK$166 million. This marks his first share purchase. Following the transaction, the controlling shareholders and persons acting in concert collectively hold approximately 58.10% of the company's issued shares.

The stock had previously corrected over 35% from its January high, and the substantial insider purchase during a period of weak sentiment signals management's confidence that shares are undervalued. Additionally, Cinda Securities maintained a Buy rating on the company, citing strong brand momentum and healthy sell-through expected from Q2 onward, with projected net profit estimates of RMB 9.21 billion, RMB 12.45 billion, and RMB 16.20 billion for the coming three years, implying PE ratios of 8.5x, 6.3x, and 4.8x respectively.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)