On August 20, LAOPU GOLD rose 7.18% in regular trading, trading at 373.2 HKD/share, with turnover of HKD 140 million.

On the news front, international gold prices continued to run above $4,400/oz, driving a broad rally across the gold jewelry sector. Peer Chow Sang Sang gained 7.48% on the same day. Additionally, LAOPU GOLD recently completed a store upgrade at Hangzhou Tower, repositioning into the mall's prime luxury zone directly opposite Hermes, signaling continued high-end channel expansion.

Morgan Stanley previously noted that following gold price stabilization in Q3, early improvement signs have emerged, with select LAOPU GOLD stores seeing customer queues return in early August. The company is set to disclose interim results on August 25, with management guiding for notable revenue and profit growth in H2 driven by the Qixi Festival and National Day peak seasons.

Within the Apparel, Accessories & Luxury Goods sector, CHOW SANG SANG rose 8.48%, SHENZHOU INTL rose 2.04%, LI NING rose 1.83%, ANTA SPORTS rose 1.43%, and BOSIDENG rose 1.07%.

(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.)