On June 28, Chinese gold jewelry brand LaoPu Gold debuted on the Hong Kong Stock Exchange main board, raising approximately HK$713 million ($91.5 million). Before listing, it secured HK$225 million ($28.9 million) in its first and only pre-IPO financing round in November 2023, led by Ant Capital and co-invested by Fosun Hanxing. In 2023, LaoPu Gold reported HK$3.18 billion ($408 million) in revenue, a 145.7% YoY increase, and HK$416 million ($53.4 million) in net profit, up 340% YoY.