LAOPU GOLD (06181.HK) -20.000 (-1.984%) Short selling $68.50M; Ratio 8.314% peaked at a record high of $1,035 today (30th), and spiked 14.9% to close at $1,008. LAOPU GOLD's share price is underpinned by successful new store openings, despite the release of restricted shares, Morgan Stanley released a research report saying. Related NewsKaiyuan Securities: LAOPU GOLD (06181.HK) Opens New Stores in Shanghai IFC & SG, Further Expanding Domestic/ Int'l High-end Channel LayoutMorgan Stanley set its target price for LAOPU GOLD at $865, based on a projected 2025 PE ratio of 33x, which corresponds to a PEG ratio of 1.4x, in line with the average of China's consumption sector as a whole, with rating at Equalweight.This round of share price rally in LAOPU GOLD was driven by strong demand momentum, the successful opening of new stores in Singapore and Shanghai and a solid new store opening plan for 2H25, according to the broker.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-02 16:25.)