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<Research>Citi Expects LAOPU GOLD (06181.HK) Core Customers to Remain Solid w/ Rating Buy
During the April promotional campaign at LAOPU GOLD (06181.HK)'s SKP boutiques, same-store sales are estimated to record a double-digit decline due to the loss of entry-level p...
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<Research>Citi Expects LAOPU GOLD (06181.HK) Core Customers to Remain Solid w/ Rating Buy
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During the April promotional campaign at LAOPU GOLD (06181.HK)  0.000 (0.000%)    Short selling $52.89M; Ratio 20.320%   's SKP boutiques, same-store sales are estimated to record a double-digit decline due to the loss of entry-level price-sensitive customers after recent drop in gold prices, Citi Research issued a research report saying.

However, its core customer base remained stable. The broker expected smaller same-store sales declines at LAOPU GOLD's other stores, given different customer demographics and promotion schedules.

Citi Research believed that investors have been concerned about same-store sales performance for some time and that the current valuation is undemanding. Therefore, the broker kept rating at Buy on LAOPU GOLD.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.)

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