Laopu Gold's Profits Surge Amid Positive Forecasts and Upgraded Targets
Originally Published 5 months ago — by CNBC
Despite forecasting a significant increase in net profit for the first half of 2025, Laopu Gold's shares fell to their lowest since May 20, due to market expectation resets and profit-taking, even as the company reports strong revenue growth and expansion efforts, highlighting a complex investor sentiment towards Chinese luxury jewelry amid broader economic concerns.