On July 9, Lao Pu Gold declined 4.14% in regular trading, trading at 384.8 HKD/share with turnover of approximately 41.99 million HKD. The prior two consecutive trading days of rebound, which accumulated over 6% gains, failed to sustain momentum.

On the news front, despite UBS recently maintaining a \"buy\" rating and explicitly noting the stock is oversold — projecting first-half revenue and net profit growth of 93% and 118% year-over-year respectively — persistent gold price weakness continues to suppress the company's high-premium business model. Citi previously highlighted that the company's product premiums are approximately 60% above traditional gold jewelers, with price-sensitive customers exiting following gold price declines. The stock has now retreated over 60% from its historical peak, with institutional-support-driven oversold bounce momentum repeatedly weakening. Market disagreement over the sustainability of the high-premium model during a gold price downcycle remains unresolved.

(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.)