Stock Track | LAOPU GOLD Soars 5.01% Intraday on Technical Rebound, Analyst Support, and Qixi Festival Boost

Stock Track07-30

LAOPU GOLD (06181) shares surged 5.01% in Thursday's intraday trading session, staging a sharp recovery after suffering a cumulative decline of over 27% in the prior two trading days.

The rebound was fueled by a technical correction following the heavy sell-off, as well as renewed confidence from multiple major investment banks. Morgan Stanley, Guotai Junan, Everbright Securities, and CICC all maintained positive ratings on the stock, citing the company's continued brand momentum and solid position as a leading traditional gold craftsmanship brand.

Additionally, a Qixi Festival pre-sale event launched at Beijing SKP generated strong foot traffic, with store queues reaching 2-3 hours. The recovery in consumer activity helped correct earlier pessimistic expectations that the brand's popularity was fading, providing a marginal improvement in short-term market sentiment.

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