老铺黄金跌超9%！“港股三朵金花”集体跳水

Group 1 - The recent stock price drop of the "three golden flowers" in Hong Kong, namely Lao Pu Gold, Mixue Group, and Pop Mart, with declines of 9.05%, 7.72%, and 1.22% respectively, following a period of record highs [1] - Pop Mart's year-to-date stock price increase of 174.4%, Mixue Group's increase of 134.9% since its listing on March 3, and Lao Pu Gold's impressive year-to-date increase of 324.2% [1] - High valuation levels for these companies, with Pop Mart's P/E ratio at 96x, Lao Pu Gold at 99x, and Mixue Group at 46x [1] Group 2 - Pop Mart's announcement of a projected revenue growth of 165%-170% for Q1 2025 compared to Q1 2024, with a significant increase in overseas revenue expected [1] - Mixue Group's reported revenue of 24.83 billion yuan for 2024, a year-on-year growth of 22.3%, with a net profit of 4.45 billion yuan, reflecting a 39.8% increase [1][2] Group 3 - Lao Pu Gold's first annual report since its listing, showing a sales performance of 9.8 billion yuan for 2024, a year-on-year growth of 166%, and a net profit of 1.47 billion yuan, up 254% [2] - Inclusion of Mixue Group in the Hang Seng Composite Index effective June 9, indicating increased market recognition [3] - UBS's report indicating high buyer expectations for Lao Pu Gold, leading to potential short-term downside risks, while raising earnings forecasts for 2025-2027 [3] Group 4 - Goldman Sachs' upward revision of Mixue Ice City's earnings forecasts for 2025-2027 by 2%-3%, reflecting faster store expansion and stable growth in transaction value [3] - Jianyin International's forecast for Pop Mart's revenue and profit compound annual growth rates of 38% and 44% from 2025 to 2027 [4]