LAOPU GOLD has been a popular stock due to the rising price of Gold as it is up 40% since its listing in December 2023.
I believe that with the uncertainties in the markets, Gold price will be on an upward trajectory. So LAOPU GOLD maybe a good buy.
πππLAOPU GOLD $LAOPU GOLD(06181)$ latest issue of new shares would result in share dilution. To entice better sales of its new H shares, a discount of 8.03% has been given.
Why Consumers Love Pop Mart, Mixue, and Laopu Gold?
Recently, three major "new consumption" stocks in the Hong Kong market have performed exceptionally well. Laopu Gold has surged 210% YTD, Pop Mart has risen another 150% this year after a strong rally last year, and Mixue Group is up 99% this year, even driving up other tea beverage stocks.
At first glance, these three companies seem unrelated in terms of business models, but they actually represent the optimal cost-performance ratio in their respective industries when it comes to βemotional value vs. spending.β
Do you think these three new consumer companies will continue to rise?
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