China Loubo Gold’s shares decreased despite the expectations of triple profits

shares Lubo Gold Its lowest levels since May 20 after Chinese jewelry expected in a net profit for the first half of 2025 to 279 % and 288 % on an annual basis, or between 2.23 billion yuan and 2.28 billion yuan (311.11 million dollars to 318.08 million dollars).

The stock, which increased by 203.07 % for the year so far, increased by approximately 4 % in early trade but reviewed the gains as investors were imprisoned for their profits.

While the shares of Laopu Gold in its course to its ninth session in a row, it has risen by more than 2000 % since its insertion last year.

As mentioned by Hong Kong In a file To the Hong Kong Stock Exchange on Sunday that its expected revenues for the first half of the year will increase between 241 % and 255 % of the same period last year.

CITI analysts have been reigned in the price of LAOPU’s share to the reset of the market expectations and the “relaxation box flow”, adding that the stock appears relatively cheap.

Likewise, the market cuts in obtaining expectations and concerns about the high gold prices caused the shares decreased from its peak in early July, Morgan Stanley analysts said in a research report on Monday.

However, consulting company Oliver Wayman said that Lopo profits are less related to fluctuations in gold prices, unlike traditional jewelry, due to its products designs, which mix ancient craftsmanship with contemporary call.

The Chinese jewelry brand was established in 2009 and is popular among the younger consumers for its distinctive designs, including old currency tables and lotus shapes.

“We believe that the current evaluation does not exceed Loubu has become more attractive in the past three weeks despite the company’s proper growth story,” analysts said in a report.

The company, which is based in Beijing, is based on the increase in the upper and lower lines to the expansion of the online brand and through internet -connected stores.

LAOPU has stores in Shanghai, Shenzhen and Hong Kong, and opened it The first store abroad in Singapore Marina Bay Sands In June.

Lubo’s success contrasts with more lukewarm consumer spending in China.

The Chinese wealthy are more negative in the economy than they were during the epidemicAccording to a survey issued last week, Oliver and Iman. The report has found that many respondents convert their spending away from luxury goods towards experiments, such as travel.

Likewise, Labu’s maker Pop Mart She issued optimistic profit expectations for the first half of 2025 earlier this month, but her shares listed in Hong Kong He initially decreased on the news. Pop Mart shares increased by 175.74 % on an annual basis.

On the other hand, the Chinese sportswear company contributed You It increased by 17.15 % so far this year. The company said in a file on July 21 that it has achieved a “positive growth in the middle of numbers” for home brand products and “positive high numbers numbers” for products that have the Fila for the first half of this year.