On July 30, LAOPU GOLD rose 3.34% in regular trading, trading at 301.0 HKD/share, with turnover of 30.39 million HKD. The stock experienced a technical rebound following a cumulative decline of over 27% in the prior two trading sessions.

Multiple major investment banks maintained positive ratings after the selloff. Morgan Stanley reiterated its Overweight rating with a 590 HKD target price, while Guotai Junan maintained a Buy rating with a 605.88 HKD target, citing continued brand momentum. Everbright Securities also maintained a Buy rating, noting the company's solid position as the leading traditional gold craftsmanship brand. CICC maintained an Outperform rating despite cutting its target price 44% to 604.48 HKD.

Additionally, the company launched a Qixi Festival pre-sale at Beijing SKP starting July 23, with store queues reaching 2-3 hours during the event period. The recovery in foot traffic corrected prior pessimistic expectations that the brand's popularity was fading, providing marginal improvement in short-term market sentiment.

(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.)