J.P. Morgan: Lao Pu Gold is one of the preferred targets in the Chinese consumer sector.

After the old store announced revenue and profit exceeding expectations on Wednesday, JPMorgan stated that they hold a more positive attitude towards the sustainability of the old store's gold growth compared to the market, due to the strong growth in same-store sales, strong new consumer penetration rate, and generous dividends. Potential catalysts for short-term stock prices include upcoming product price increases, new store openings, and possible inclusion in the FTSE index. Old store gold is one of the preferred targets in the Chinese consumer sector; it is expected that after a strong performance in the first half of 2025 and related performance explanations, market expectations will be raised unanimously.