Laopu's Sales Momentum Likely to Get Support From Gold Rally -- Market Talk

Dow Jones

09/10

0243 GMT - Laopu Gold's sales momentum is likely to be sustainable thanks to sharp increases in gold prices, Nomura analysts say in a note. The resilient gold price trend and the Chinese central bank's accumulation of gold reserves has reinforced Chinese consumers' belief that buying gold and gold products would preserve their asset value and wealth, the analysts say. Laopu Gold has raised its product prices for the second time in 2025, which should help protect the jewelry maker's margins in 2H, they add. They reckon that the solid gold price rally should drive a rally in Laopu Gold's shares. Nomura reiterates its buy rating and maintains its HK$1,160.00 target price on the stock. Shares fall 5.8% to HK$769.00. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 09, 2025 22:43 ET (02:43 GMT)

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The resilient gold price trend and the Chinese central bank's accumulation of gold reserves has reinforced Chinese consumers' belief that buying gold and gold products would preserve their asset value and wealth, the analysts say. Laopu Gold has raised its product prices for the second time in 2025, which should help protect the jewelry maker's margins in 2H, they add. They reckon that the solid gold price rally should drive a rally in Laopu Gold's shares. Nomura reiterates its buy rating and maintains its HK$1,160.00 target price on the stock. Shares fall 5.8% to HK$769.00. 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The resilient gold price trend and the Chinese central bank's accumulation of gold reserves has reinforced Chinese consumers' belief that buying gold and gold products would preserve their asset value and wealth, the analysts say. Laopu Gold has raised its product prices for the second time in 2025, which should help protect the jewelry maker's margins in 2H, they add. They reckon that the solid gold price rally should drive a rally in Laopu Gold's shares. Nomura reiterates its buy rating and maintains its HK$1,160.00 target price on the stock. Shares fall 5.8% to HK$769.00. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 09, 2025 22:43 ET (02:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06181","symbol_name":"老铺黄金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566256326","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566256326","pubTimestamp":1757472180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0243 GMT - Laopu Gold's sales momentum is likely to be sustainable thanks to sharp increases in gold prices, Nomura analysts say in a note. The resilient gold price trend and the Chinese central bank's accumulation of gold reserves has reinforced Chinese consumers' belief that buying gold and gold products would preserve their asset value and wealth, the analysts say. Laopu Gold has raised its product prices for the second time in 2025, which should help protect the jewelry maker's margins in 2H, they add. They reckon that the solid gold price rally should drive a rally in Laopu Gold's shares. Nomura reiterates its buy rating and maintains its HK$1,160.00 target price on the stock. Shares fall 5.8% to HK$769.00. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"06181":"老铺黄金"},"translate_title":"老铺的销售势头可能会得到黄金反弹的支撑——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06181":0.9,"1OZmain":1},"content_text":"0243 GMT - Laopu Gold's sales momentum is likely to be sustainable thanks to sharp increases in gold prices, Nomura analysts say in a note. The resilient gold price trend and the Chinese central bank's accumulation of gold reserves has reinforced Chinese consumers' belief that buying gold and gold products would preserve their asset value and wealth, the analysts say. Laopu Gold has raised its product prices for the second time in 2025, which should help protect the jewelry maker's margins in 2H, they add. They reckon that the solid gold price rally should drive a rally in Laopu Gold's shares. Nomura reiterates its buy rating and maintains its HK$1,160.00 target price on the stock. Shares fall 5.8% to HK$769.00. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 09, 2025 22:43 ET (02:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}