2 March 2026 | 7:35AM HKT Equity Research Laopu Gold (6181.HK): Conducts 20-30% price hike following strong peak season; Buy On Feb 28th, Laopu conducted a 20-30% price hike (mainly falls into 25-30% range), which based on our conversation with investors, appears on average slightly higher than expectation. By category, pure gold products saw higher price hike magnitude. In our view, this helps to protect the company's GPM which management targets for 40% in 2026, vs. in 2025. Laopu's price was generally be ...