Group 1: Market Overview - The price of precious metals, particularly gold and silver, has experienced a significant decline, with London spot gold dropping to a low of $4002 per ounce and silver to $47 per ounce on October 22 [1] - The sharp decline in gold prices was triggered by a sudden drop on October 21, where gold fell by 6.18%, marking the largest single-day drop since April 2013 [1] - Domestic gold assets also plummeted, with A-share gold stocks experiencing heavy losses and gold futures in Shanghai hitting a low of 933 yuan per gram [1][3] Group 2: Consumer Behavior - Despite the drop in gold prices, consumer sentiment remains strong, with some retail brands adjusting prices upward in anticipation of future increases [2] - For instance, Lao Pu Gold plans to raise prices on October 26, marking its third price increase this year, while Chow Tai Fook also announced a price hike expected to be between 12% and 18% [2] - The decline in gold prices has led to increased foot traffic in physical stores, as consumers rush to purchase before anticipated price increases [2] Group 3: Investment Sentiment - Investor sentiment is showing signs of divergence, with some investors seizing the opportunity to buy during price corrections, viewing it as a chance to "re-enter" the market [5] - The recent volatility has raised questions about whether the long-term bullish trend for gold has changed, despite the short-term fluctuations [5][6] - Analysts suggest that the current market dynamics, including high volatility and profit-taking, indicate a need for caution among investors [1][6] Group 4: Long-term Outlook - Analysts remain optimistic about the long-term prospects for gold, citing strong central bank purchases and ongoing concerns about U.S. fiscal policy as key drivers [9][10] - HSBC forecasts that gold's upward momentum could continue until 2026, with a target price of $5000 per ounce, driven by central bank buying and fiscal concerns [9] - The trend of "de-dollarization" and the potential for further monetary easing are expected to support gold prices in the long run [10]

Group 1 - Gold prices have sharply declined, with London spot gold hitting a low of $4002 per ounce and silver at $47 per ounce on October 22, leading to a significant drop in domestic gold assets [1][5] - The sudden drop in gold prices was attributed to a 6.18% decline on October 21, marking the largest single-day drop since April 2013, alongside a rebound in the US dollar index and easing geopolitical tensions [1][5] - Domestic gold retail market shows contrasting behavior, with some brands lowering prices while others plan to increase them, indicating a mixed consumer sentiment [3][4] Group 2 - The gold ETF market experienced a significant drop, with most ETFs declining over 4% on October 22, and major gold stocks also saw substantial losses [5][6] - Investor sentiment is shifting, with some individuals taking profits after recent gains, while others view the price drop as an opportunity to buy [6][10] - Analysts suggest that the recent volatility does not indicate the end of the gold bull market, as long-term fundamentals remain supportive of higher gold prices [9][11] Group 3 - The current gold bull market is compared to the 2011 bull market, with similarities in driving factors such as geopolitical tensions and monetary policy [9][10] - Institutional outlook remains positive for gold, with expectations of continued upward momentum driven by central bank purchases and concerns over US fiscal policy [11][12] - The potential for further monetary easing and the trend of de-dollarization are seen as key factors supporting gold prices in the medium to long term [11][12]

Core Viewpoint - The stock price of Laopu Gold (06181.HK) experienced significant volatility, closing at 704 HKD per share on October 22, down 8.21%, following a cumulative decline of over 15% in the previous three trading days [1][3][12] Group 1: Stock Performance - Laopu Gold's stock price has been on a downward trend, with declines of 3.68% and 3.88% on October 20 and 21, respectively [3] - The stock reached a historical high of 1108 HKD per share on July 8, 2025, but has since fallen approximately 32% from that peak [12] Group 2: Fundraising Activities - On October 21, 2025, Laopu Gold announced a placement agreement to issue 3.7118 million new H-shares at a price of 732.49 HKD per share, aiming to raise approximately 2.719 billion HKD [4] - This placement is the second fundraising event of the year, following a previous placement on May 8, which raised about 2.698 billion HKD [5] - The total funds raised from both placements in 2025 amount to approximately 5.434 billion HKD [6] Group 3: Financial Performance - Laopu Gold reported a revenue of 12.354 billion HKD for the first half of 2025, representing a year-on-year increase of 251%, with a net profit of 2.268 billion HKD, up 285.8% [9] - The company has seen a significant increase in loyal members, with 71.52% and 81.64% of new members in 2023 and 2024, respectively, contributing to 68% of total revenue [9] - The inventory has grown from 4.088 billion HKD at the end of the previous year to 8.685 billion HKD in the first half of 2025, indicating a strategy to support store optimization and expansion [9] Group 4: Operational Challenges - Despite strong financial growth, Laopu Gold faces challenges with increasing accounts receivable, which reached 844 million HKD in the first half of 2025, a 128.29% increase year-on-year [10] - The accounts receivable turnover rate was reported at 15.01, lower than that of competitors in the jewelry industry [10] - The company must balance its expansion pace with investor expectations amid the recent stock price fluctuations [13]

Group 1: Market Overview - The gold price experienced a sharp decline, with London spot gold hitting a low of $4002 per ounce on October 22, and silver at $47 per ounce, following a significant drop on October 21 where gold fell 6.18%, marking the largest single-day decline since April 2013 [1] - The decline in gold prices is attributed to easing trade tensions, geopolitical calm, and a rebound in the US dollar index, leading to a rapid shift from a "hot" to a "frozen" market for gold [1][9] - Domestic gold assets also plummeted, with A-share gold stocks opening sharply lower and major brands adjusting their gold prices downwards by 50-83 yuan per gram [1] Group 2: Consumer Behavior - Despite the drop in gold prices, there is a strong consumer sentiment to buy, leading to long queues at retail stores as consumers rush to purchase gold before anticipated price increases [2][8] - Some brands, like Laopuhuangjin, plan to raise prices again on October 26, marking their third price increase this year, while Chow Tai Fook also announced a price hike expected to be between 12%-18% [2][8] - The retail market is experiencing a dichotomy, with some brands lowering prices while others continue with planned price increases, reflecting a complex consumer psychology amid fluctuating gold prices [2][8] Group 3: Investment Sentiment - Following the recent price drop, gold ETFs saw significant declines, with many experiencing over 4% drops, and major gold stocks like Laopuhuangjin and Chow Tai Fook also reporting substantial losses [9][10] - Investor sentiment is shifting, with some individuals viewing the price drop as an opportunity to buy, while others are hesitant due to the volatility and uncertainty in the market [10][11] - Analysts suggest that the recent price adjustments may not alter the long-term bullish outlook for gold, as factors such as central bank purchases and global liquidity remain supportive of higher gold prices [12][14] Group 4: Future Outlook - Analysts predict that the upward momentum for gold could continue into 2026, driven by strong central bank purchases and ongoing fiscal concerns in the US, with a target price of $5000 per ounce [13][14] - The current market dynamics indicate a potential for significant valuation recovery for gold mining companies, with average price-to-earnings ratios projected to be lower than historical averages, suggesting room for growth [13] - The trend of de-dollarization and increasing global liquidity is expected to further support gold prices, with the market remaining optimistic about gold's medium to long-term performance [14]

Core Viewpoint - The company, Lao Pu Gold (06181), announced plans for a board of directors election scheduled for October 22, 2025, with specific candidates nominated for various positions [1] Group 1: Board of Directors Election - The executive director candidates are Mr. Xu Gaoming, Mr. Feng Jianjun, Mr. Xu Rui, and Ms. Jiang Xia [1] - The independent non-executive director candidates are Mr. Sun Yijun, Dr. He Yurun, and Mr. Shi Dehua [1] Group 2: Supervisory Board - The non-employee representative supervisor candidates are Ms. Xiao Yanhui and Mr. Sui Wu [1] - Ms. Peng Liuhua was elected as the employee representative supervisor at the employee representative meeting on October 22, 2025, with a term consistent with the third supervisory board [1]

非职工代表监事候选人为肖艳辉女士及隋武先生。公司于2025年10月22日举行的职工代表大会上选举彭 柳华女士为职工代表监事。彼任期与第三届监事会一致。 智通财经APP讯，老铺黄金(06181)发布公告，于2025年10月22日，公司拟进行董事会换届选举。经董事 会提名委员会推荐并经董事会审议批准，执行董事候选人为徐高明先生、冯建军先生、徐锐先生及蒋霞 先生；独立非执行董事候选人为孙亦军先生、何玉润博士及施德华先生。 （原标题：老铺黄金(06181)选举彭柳华为职工代表监事） ...

果然财经｜港股老铺黄金大跌，截至收盘下跌8.21% 10月22日，在宣布折价4.5%配股募资27亿港元后，老铺黄金（06181.HK）的股价一度重挫逾8%。截至 收盘，报704港元/股，下跌8.21%。当天，老铺黄金在港交所公告，于2025年10月21日（联交所交易时 段后），本公司与配售代理订立配售协议，配售代理尽力促使不少于六名承配人购买371万股新H股， 配售价为每股732.49港元。 果然财经｜港股老铺黄金大跌，截至收盘下跌8.21% 大众报业·齐鲁壹点36分钟前 热门评论我要评论 微信扫码 移动端评论 暂无评论 鲁ICP备15022957号-13 鲁公网安备 37010202002220号 鲁新网备案号201000101 电信增值业务许可证： 鲁B2-20120085 齐鲁晚报·齐鲁壹点 版权所有(C) All Rights Reserved 联系电话：0531-82625462邮箱： 1790179766@qq.com ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Laopu Gold Co., Ltd. 罈 ꎦ ꆄ肅⟧剣ꣳⰖ （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） 本公告乃由老鋪 黃 金股份有限公司（「本公司」）根據香港聯合交易所有限公司證券 上市規則（「上市規則」）第13.51(1)條 而 作 出。 （股 份 代 號：6181） 建議修訂公司章程 承董事會命 Laopu Gold Co., Ltd. 老 鋪 金股份有限公司 徐高明 董事長兼執行董事 香 港，2025年10月22日 於 本 公 告 日 期，本 公 司 董 事 會 由(i)執 行 董 事 徐 高 明 先 生、馮 建 軍 先 生、徐 銳 先 生 及 蔣 霞 先 生，以 及(ii) ...

鑒 於 本 公 司 第 二 屆 董 事 會 任 期 即 將 屆 滿，根 據 相 關 法 律、法 規 和 本 公 司 現 有 公 司 章 程（「《公 司 章 程》」）的 規 定，本 公 司 擬 進 行 董 事 會 換 屆 選 舉。經 董 事 會 提 名 委 員 會 推 薦 並 經 董 事 會 審 議 批 准，第 三 屆 董 事 會 董 事 候 選 人 如 下： 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Laopu Gold Co., Ltd. 罈 ꎦ ꆄ肅⟧剣ꣳⰖ （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：6181） 建議董事會換屆選舉 及 建議監事會換屆選舉 建議董事會換屆選舉 老 鋪 黃 金股份有限公司（「 ...

Market Overview - The Hong Kong stock market failed to maintain its rebound, with the three major indices experiencing fluctuations and declines. The Hang Seng Index closed down 0.94% at 25,781.77 points, with a total trading volume of 227.54 billion HKD [1] - The largest external uncertainty facing the market is the US-China rivalry, which affects investor sentiment and causes short-term volatility. However, it is anticipated that after this short-term adjustment, the Hong Kong market may present a better entry opportunity [1] Blue-Chip Stocks Performance - Pop Mart (09992) rose 2.4% to 256.4 HKD, contributing 6.98 points to the Hang Seng Index. The company reported a projected revenue growth of 245%-250% year-on-year for Q3 2025, with China revenue up 185%-190% and overseas revenue up 365%-370% [2] - Other blue-chip stocks included China National Pharmaceutical (01099) up 4.27%, Shenzhou International (02313) up 1.72%, while Chow Tai Fook (01929) fell 5.65% and CSPC Pharmaceutical (01093) dropped 5.16%, negatively impacting the index [2] Sector Performance - Large technology stocks showed weak performance, with Alibaba down nearly 2% and Tencent down over 1%. Gold stocks collectively declined due to significant market sell-offs, with China Silver Group (00815) down 8.33% and Lingbao Gold (03330) down 4.75% [3][4] - Conversely, banking and oil stocks were active, with China Oilfield Services (601808) up over 3% and Agricultural Bank of China up 1.56%, reaching a historical high [3][4] Banking Sector Insights - Everbright Securities noted that the banking sector is entering a favorable reallocation window, with strong operational resilience and stable earnings expected for the upcoming quarterly reports. The sector's "high dividend, low valuation" attributes are becoming more pronounced [5] - The banking stocks showed positive movement, with Chongqing Bank (01963) and Agricultural Bank of China (01288) both up 1.56% [4][5] Oil and Gas Sector - Oil and gas stocks generally rose, with Sinopec Oilfield Services (01033) up 4.76% and Shandong Molong (00568) up 4.65%. The deep-sea economy concept is gaining attention, with Brent crude oil futures rising over 2% [5][6] Notable Stock Movements - Xuan Bamboo Biotechnology (02575) surged 31.87% after presenting positive clinical trial results for breast cancer treatment [7] - Chalco International (02068) rose 30.52% amid reports of potential asset swaps with Rio Tinto [8] - Guanghe Tong (00638) fell 11.72% on its first trading day, while Lao Pu Gold (06181) dropped 8.21% due to a planned share placement [9][10] - Innovent Biologics (01801) experienced a decline of 1.96% despite announcing a significant global strategic partnership with Takeda Pharmaceuticals [11]