Laopu Gold has lost about two-thirds of its market value, while rivals including Chow Tai Fook and Lao Feng Xiang have also fallen sharply
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Customers line up outside a Laopu Gold store at Deji Plaza in Nanjing, Jiangsu province, on Feb. 27, 2026. Photo: VCG
Laopu Gold projects 292% profit surge in first half of 2025 but sees shares dip
Market constraints still limit its ability to match the scale of global luxury leaders.
While China’s interest in gold is unlikely to fade, investment-grade product sales have dwindled after 15 months of retail growth.
Financial regulators target illegal practices in the Shuibei market as liquidity crises threaten the city's gold dealers
The Chinese jewellery brand dubbed ‘the Hermès of gold’ has gained traction with middle- and upper-class shoppers seeking…
In the first quarter, China’s gold consumption reached 303.3 metric tons, up 4.4 per cent year on year.
