1051 GMT - Laopu Gold now offers value, says Henry Soediarko of CrossASEAN Research. The analyst's assessment comes as the stock has lost about 60% of its value since hitting a peak in January, when gold prices surged to all-time highs. Compared with its July 2025 record, the stock has plunged by 70%. While plenty of pre-IPO investors have taken profit, Soediarko argues that the Chinese jeweler is "actually doing quite well" based on operating figures. Laopu Gold is different from Chow Tai Fook Jewellery in that it's "more of a global luxury house than a goldsmith," the analyst writes on Smartkarma. At a price/earnings ratio of 7 times and a 10% dividend yield, Laopu Gold may offer value, he adds. Shares last ended 0.6% lower at HK$325.20.
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