Lao Pu Gold and Pop Mart Surge! HK New Consumption Run Further?
Hong Kong’s “new consumption” names are heating up as sentiment improves. Lao Pu Gold jumped 7.11%, benefiting from the gold rally as institutions point to a phase of accelerating revenue and profit growth. Meanwhile, Pop Mart extended its recent surge, driven by strong sales of new product launches and share buybacks that signal management’s confidence in long-term growth.
Is the rally in new consumption stocks driven more by gold prices—or genuine earnings momentum?
After sharp gains, how sustainable is Pop Mart’s growth story amid rising valuations?