LAOPU GOLD's stock soared 5.06% during intraday trading on Monday, marking a significant upward movement.

The surge follows a broker endorsement and a show of confidence from a controlling shareholder. Pacific Securities maintained its Buy rating on the company, projecting robust revenue and net profit growth for the coming years, driven by scale effects from its expanding store network and growing loyalty membership base. Additionally, controlling shareholder Xu Dongbo recently purchased a significant number of shares on the open market, signaling strong confidence in the company's prospects after a recent price correction.