消息方面，国际金价在2024年创下14年来最大的年度涨幅后，COMEX黄金在开年后持续上涨。截至今日发稿，涨0.40%，报2679.60美元。① What do Institutions think about the future gold prices? ② Why does LINGBAO GOLD continue to attract attention from funds?
According to Caixin News on January 3 (Editor Hu Jiarong), the recent continuous rise in international gold prices has further boosted the positive performance of the gold Sector in the Hong Kong stock market. As of the time of publication, LINGBAO GOLD (03330.HK), Zijin Mining Group (02899.HK), and ZHAOJIN MINING (01818.HK) have increased by 6.99%, 2.40%, and 1.40%, respectively.
Note: Overall performance of Golden Industrial Concept.
In news, after reaching the largest annual increase in 14 years in 2024, COMEX gold has continued to rise at the beginning of the year. As of today's publication, it has risen by 0.40%, reported at 2679.60 USD.
Note: Performance of COMEX gold.
Major Financial Institutions on Wall Street, including Goldman Sachs, Bank of America, and JPMorgan, generally expect the strong upward trend of gold prices in 2024 to continue into 2025.
LINGBAO GOLD once again set a new high since its listing.
What is more noteworthy is that LINGBAO GOLD's stock price once again reached a historic high today, with the company having nearly quintupled in the past year of 2024.
As of the time of publication, LAOPU GOLD rose by 3.41%, closing at 273.20 HKD.
Note: The performance of Lao Pu Gold since its listing.
According to public information, LAOPU GOLD was established in 2009, mainly engaged in creative processing of Gold, jewelry, etc., and the processing techniques are mostly handcrafted using ancient methods, with products including jewelry, daily gold utensils, decorations, etc. The brand's revenue primarily comes from offline stores, the majority of which are located in first-tier and new first-tier cities, focusing on deploying in core business district luxury department store sales areas.
Guozheng International believes that LAOPU GOLD has the potential to become a luxury brand. If it can succeed as a luxury brand, there is significant imagined space in terms of market space and pricing potential. Additionally, the firm believes that the company's high-end positioning makes its performance less affected by short-term fluctuations in Gold prices.
UBS Group previously stated that LAOPU GOLD's sales momentum in the second half of 2024 will remain strong, with plans to open two new specialty stores and renovate three branch stores by expanding their areas.
They anticipate that the catalysts for LAO PU GOLD may include a rebound in gold prices after a short-term adjustment; strong sales momentum during the year-end shopping festival; a potential opening of a store in Singapore in early 2025; and with the improvement in inventory turnover, a positive operating cash flow may be achieved in 2025.
