摩根士丹利：老铺黄金-中国消费者行程洞察要点

June 11, 2025 02:31 PM GMT Laopu Gold | Asia Pacific China Consumer Trip Takeaway Key Takeaways New product: Multi-color enamel Hulu necklaces (launched on May 30) have high recognizability for Laopu brand and is being well received among core customers. Antique products: Currently accounts for 20% of total sales (average ASP at >Rmb100k vs. jewelry at ~Rmb30k), and aims to achieve higher mix with more new product launches in the future. Price hike timing: Could be after 618 festival, but exact timing unkno ...