HK Stock Market Move | LAOPU GOLD (06181) rose more than 5% to hit a new high, with the stock price rising more than 50% in the month. The total market value has exceeded HK$23 billion.

LAOPU GOLD (06181) rose more than 5%, reaching a new high of 136.9 Hong Kong dollars. The stock price has been steadily rising in the past month, with an accumulated increase of over 50% this month. As of the time of writing, it has risen by 5.23%, to 136.8 Hong Kong dollars, with a trading volume of 29.0941 million Hong Kong dollars and a total market value exceeding 23 billion Hong Kong dollars. On the news front, on September 10, the list of Hong Kong Stock Connect constituents was officially adjusted, with LAOPU GOLD being included in the list. In addition, the mid-term financial report for 2024 showed a rapid growth in the company's revenue and profits in the first half of the year, with net profit increasing by nearly 200% year-on-year. Debon Securities pointed out that looking ahead to the second half of the year, with the upcoming peak season for gold and jewelry sales in September and October, and the current stable gold price, they are optimistic about the scarcity of high-end jewelry offered by LAOPU GOLD.