China's Laopu Gold Aims to Expand to 50 Stores in Domestic Markets -- Market Talk

Dow Jones

Jul 03

0303 GMT - China's Laopu Gold aims to have about 50 stores in domestic markets in the long term, Nomura analysts write in a note, citing a conference call with the jewelry company's management team. Laopu has more than 30 stores in mainland China with a relatively higher density in Beijing, but the company only aims to open about five stores in Shanghai and doesn't have further expansion plans for the business hub. For the overseas market, Laopu plans to open a store in Japan next year, they add. The company's product innovation has been a key focus and future designs will remain rooted in Chinese aesthetics with heritage gold craftsmanship, they say. Nomura maintains its buy rating for the stock with a target price of HK$1,023.00. Shares last at HK$993.50. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

July 02, 2025 23:03 ET (03:03 GMT)

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Laopu has more than 30 stores in mainland China with a relatively higher density in Beijing, but the company only aims to open about five stores in Shanghai and doesn't have further expansion plans for the business hub. For the overseas market, Laopu plans to open a store in Japan next year, they add. The company's product innovation has been a key focus and future designs will remain rooted in Chinese aesthetics with heritage gold craftsmanship, they say. Nomura maintains its buy rating for the stock with a target price of HK$1,023.00. Shares last at HK$993.50. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 23:03 ET (03:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Laopu Gold Aims to Expand to 50 Stores in Domestic Markets -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Laopu Gold Aims to Expand to 50 Stores in Domestic Markets -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-03 11:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0303 GMT - China's Laopu Gold aims to have about 50 stores in domestic markets in the long term, Nomura analysts write in a note, citing a conference call with the jewelry company's management team. Laopu has more than 30 stores in mainland China with a relatively higher density in Beijing, but the company only aims to open about five stores in Shanghai and doesn't have further expansion plans for the business hub. For the overseas market, Laopu plans to open a store in Japan next year, they add. The company's product innovation has been a key focus and future designs will remain rooted in Chinese aesthetics with heritage gold craftsmanship, they say. Nomura maintains its buy rating for the stock with a target price of HK$1,023.00. Shares last at HK$993.50. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 23:03 ET (03:03 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":"SG9999001051.SGD","symbol_name":"United Asia Fund SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548823141","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548823141","pubTimestamp":1751511780,"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":"0303 GMT - China's Laopu Gold aims to have about 50 stores in domestic markets in the long term, Nomura analysts write in a note, citing a conference call with the jewelry company's management team. Laopu has more than 30 stores in mainland China with a relatively higher density in Beijing, but the company only aims to open about five stores in Shanghai and doesn't have further expansion plans for the business hub. For the overseas market, Laopu plans to open a store in Japan next year, they add. The company's product innovation has been a key focus and future designs will remain rooted in Chinese aesthetics with heritage gold craftsmanship, they say. Nomura maintains its buy rating for the stock with a target price of HK$1,023.00. Shares last at HK$993.50. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999001051.SGD":"United Asia Fund SGD","06181":"老铺黄金","BK1227":"服装、服饰与奢侈品","BK1544":"黄金股","SGXZ90724238.SGD":"UNITED ASIA \"A\" (SGD) INC"},"translate_title":"中国老铺黄金计划在国内市场扩张至50家门店——Market Talk","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06181":0.9,"1OZmain":1},"content_text":"0303 GMT - China's Laopu Gold aims to have about 50 stores in domestic markets in the long term, Nomura analysts write in a note, citing a conference call with the jewelry company's management team. Laopu has more than 30 stores in mainland China with a relatively higher density in Beijing, but the company only aims to open about five stores in Shanghai and doesn't have further expansion plans for the business hub. For the overseas market, Laopu plans to open a store in Japan next year, they add. The company's product innovation has been a key focus and future designs will remain rooted in Chinese aesthetics with heritage gold craftsmanship, they say. Nomura maintains its buy rating for the stock with a target price of HK$1,023.00. Shares last at HK$993.50. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2025 23:03 ET (03:03 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"}}}