In a report released on July 28, Citi also maintained a Buy rating on the stock with a HK$507.00 price target.

Based on Laopu Gold Co. Ltd. Class H’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$14.7 billion and a net profit of HK$2.56 billion. In comparison, last year the company earned a revenue of HK$4.99 billion and had a net profit of HK$885.29 million