Core Viewpoint - The stock price of Lao Pu Gold (06181) has increased by over 3%, reaching 830 HKD, with a trading volume of 1.036 billion HKD, driven by aggressive channel expansion and product price increases amid rising gold prices [1] Group 1: Company Expansion - Since September, Lao Pu Gold has intensified its channel development and upgrades, opening new stores in key locations such as Nanjing IFC, Beijing SKP, Hong Kong Central IFC, and Hangzhou MixC, while also renovating existing stores in Xi'an and Wuhan [1] - The company is set to achieve full coverage of the top ten luxury shopping malls in China and is actively expanding into prime locations on the first and second floors [1] - By 2026, the company plans to focus on same-store optimization in China and is expected to open 3-4 new stores in Hong Kong, Macau, Japan, and Singapore [1] Group 2: Pricing Strategy and Market Response - Following a second price increase on August 25, the company has benefited from a rapid rise in gold prices before and during the National Day holiday, enhancing sales and reinforcing its high-end brand positioning [1] - All Lao Pu Gold jewelry and decorative items are sold at fixed prices, which has positively impacted sales due to the luxury nature of gold [1] - During the National Day and Mid-Autumn Festival period, many stores experienced high sales volume, with significant customer queues observed [1] - The company employs a weighted average cost method to manage the impact of rising gold prices on costs and will monitor the potential for a third price increase this year [1]
港股异动 | 老铺黄金(06181)再涨超3% 渠道开拓和升级力度加大 机构指金价攀升利好其高端品牌定位