落子海外打开成长空间，老铺黄金涨“嗨”了！这些重仓基金跟着尝甜头

Core Viewpoint - International gold prices have experienced a decline of over 3% in the past two weeks, while the stock of Laopu Gold has risen by more than 6%, reaching a new high, indicating a divergence in market performance [1][3]. Group 1: Market Performance - International gold prices, including London gold and COMEX gold, fell by 3.82% and 3.99% respectively from June 16 to June 30 [3]. - Laopu Gold's stock price surged by 6.27% during the same period, reaching a peak of 1035 HKD per share on June 30, marking it as the only stock in Hong Kong to exceed 1000 HKD [3][4]. - As of June 30, Laopu Gold's market capitalization reached 174.1 billion HKD, with a closing price of 1008 HKD per share [3]. Group 2: Expansion and Growth - Laopu Gold opened a new store in Shanghai's International Financial Center on June 28, marking its third store in Shanghai, with plans for further expansion in high-end shopping areas [4]. - The company also opened its first overseas store in Singapore on June 21, indicating a strategic move towards international market penetration [4]. - The expansion into high-end markets is expected to enhance Laopu Gold's brand presence and growth potential [4]. Group 3: Fund Performance - Several public funds have heavily invested in Laopu Gold, with a total holding of 2.4606 million shares valued at 1.655 billion CNY as of the end of Q1 2025 [5]. - Notable funds include Guangfa Value Core Mixed Fund, which has the largest holding value of 442 million CNY, and others with holdings exceeding 100 million CNY [5]. - The year-to-date returns for funds heavily invested in Laopu Gold have been impressive, with some funds achieving returns close to 50% [6]. Group 4: Investment Outlook - Analysts suggest that while the short-term outlook for gold prices may be weak, the long-term structural factors supporting gold prices remain intact [7]. - Economic uncertainties and concerns regarding the credibility of the US dollar are expected to maintain a favorable long-term trend for gold prices [7].