Concerns are rising that Laopu Gold Co., one of China’s hottest consumer brands, is losing momentum as sales slow, its share price slumps and the gold market sells off. In the backdrop, according to Bloomberg, investors are weighing whether the company’s recent growth can hold up amid weaker demand signals and a tougher market for gold-linked products.
PRECIOUS METALS | Laopu Gold Momentum Questioned as Sales Slow, Shares Slump and Gold Sells Off
Earlier from Laopu Gold Co. Ltd. Class H
- Laopu Gold Says Xu Dongbo Purchased 335,700 H Shares For HK$166 Million
- Citi Puts Laopu Gold on Positive Catalyst Watch — Market Talk
- Laopu Gold Likely Reached Peak in Volume Growth — Market Talk
- More Value Waiting to Be Mined in Laopu Gold's Shares — Market Talk