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LAOPU GOLD Slips ~3% in Early Trading Despite Positive Profit Alert
LAOPU GOLD (06181.HK) opened 1.6% higher at HKD777 this morning (28th) and once climbed to a peak of HKD794.5. It then trended downward, last at HKD743.5, down 2.75%, with a volume...
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LAOPU GOLD Slips ~3% in Early Trading Despite Positive Profit Alert
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LAOPU GOLD (06181.HK)  -18.500 (-2.611%)    Short selling $36.36M; Ratio 2.264%   opened 1.6% higher at HKD777 this morning (28th) and once climbed to a peak of HKD794.5. It then trended downward, last at HKD743.5, down 2.75%, with a volume of 608,400 shares, involving HKD460 million. This marked the ninth consecutive day of decline.

The group issued a positive profit alert last night (27th) forecasting its net profit for the six months ended June to be RMB2.23-2.28 billion, up 279-288% YoY, its revenue to be RMB12-12.5 billion, up 241-255%, and its adjusted net profit measured by non-IFRS standards to be RMB2.3-2.36 billion, up 282-292%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

Related NewsM Stanley: LAOPU GOLD Interim Results In Line; Focus on 2H Pricing Strategy

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