Laopu Gold’s stock price surged over 5% on August 19 to HK$89.95 ($11.48), setting a new record since its listing. The Hang Seng Index Company recently announced the results of its quarterly review for the Hang Seng Index series, with all changes to be implemented after the market closes on September 6 and effective from September 9. Laopu Gold will be included in the Hang Seng Composite Index, and Anxin International anticipates the company may be added to the Hong Kong Stock Connect list. Laopu Gold’s profit announcement indicates a projected net profit increase of 180% to 205% in the first half of the year, amounting to approximately 550 million to 600 million RMB ($75 million to $82 million).