Soaring gold prices fail to polish Mokingran profits. What went wrong?
Less than a year and a half after its IPO, the jeweler delivered disappointing preliminary results that show its profit plunged nearly 60% last year Key Takeaways: Mokingran Jewellry’s revenue…
BRIEF: Laopu Gold raises $348 million through share placement to boost gold reserves
Jewelry retailer Laopu Gold Co. Ltd. (6181.HK) announced on Wednesday it will place 3.71 million new H-shares, representing 2.59% of the enlarged share capital for its Hong Kong-listed H-shares and…
Chow Tai Fook rediscovers gold in convertible bonds
The fundraising, even as the Hong Kong jeweler has sufficient financial resources to run its current operation, could hint at plans for its next growth phase Key Takeaways: Chow Tai…
BRIEF: Surging Laopu Gold to boost share float after full circulation approval
Gold jewelry maker and retailer Laopu Gold Co. Ltd. (6181.HK) said on Tuesday it has received approval from the Hong Kong Stock Exchange to make all of its H-shares freely…
NEWS WRAP: Laopu Gold forecasts triple profit growth on booming demand
The high-end jeweler said its profit rose about 250% last year as it tapped into China’s rising appetite for luxury gold items By Teri Yu Luxury jeweler Laopu Gold Co.…
Rising gold prices take the shine off Chow Sang Sang
The jewelry chain warned its profit fell 40% in the first half of the year, as surging gold prices eroded demand for gold accessories Key Takeaways: Chow Sang Sang said…
Once branded a copycat jeweler, Zhou Liu Fu seeks gold in Hong Kong
The company, whose name resembles two popular Hong Kong rivals, has filed for a Hong Kong IPO after its application to list on China’s A-share market went nowhere Key Takeaways:…
