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Chinese gold retailer Laopu raises prices again

Chinese luxury gold retailer Laopu Gold will raise product prices on October 26, marking its third official price adjustment this year. The announcement came as the company’s shares rose 1.68% to HK$817 ($104). Following previous increases in February and August, when prices rose 5%-12% across all products, the latest move comes amid strong consumer demand. Multiple plain gold jewelry items have sold out both online and in physical stores. First-half 2025 revenue reached 12.35 billion RMB ($1.70 billion), up 251% YoY, with profit surging 290% to 2.35 billion RMB ($324 million).

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