老铺黄金-增长轨迹保持完好_管理层表达乐观；黄金购置税影响有限

Laopu Gold 6181.HK 6181 HK EQUITY: GENERAL CONSUMER Growth track remains intact Management expressed optimism; gold purchase tax's impact to be limited Unchanged confidence by management Laopu attended Nomura's China Investor Forum (13 Nov); key takeaways: 1) The company's sales momentum remained intact during the Double-Eleven period (e.g. Laopu's sales on Tmall exceeding CNY1bn during the period). 2) Although Laopu increased its product sales prices for the third time in October (by c.25%), there has been ...