Group 1 - The stock price of Laopu Gold surged over 16%, reaching 1020 HKD per share, attributed to the successful opening of a new store in Singapore on June 21, which exceeded expectations and acted as a catalyst for the stock price [1] - Morgan Stanley analysts noted that the new store's customer traffic remains high, with a conversion rate exceeding 95% and an order volume of 4-10 per hour, leading to an upgrade of the target price from 1149 HKD to 1249 HKD [4] - The company is expected to achieve a compound annual growth rate of 68% in sales and 76% in net profit from 2025 to 2027, with profit forecasts adjusted upward by 11%-13% [4] Group 2 - Laopu Gold opened a new store in Shanghai's IFC Mall on June 28, featuring promotional activities that led to high sales and long queues, indicating strong consumer interest [5] - The Shanghai IFC store is the third location in the city, with plans for additional openings in high-end shopping areas such as Xintiandi and Henglong Plaza by the end of the year [5] - The company aims to optimize existing store locations and upgrade its presence in high-end channels across China, having signed contracts with all major commercial centers by April 2025 [5]
老铺黄金股价飙升16%，机构看好全球化扩张前景
Huan Qiu Wang·2025-06-30 07:30