HK Stock Market Move | LAOPU GOLD (06181) fell more than 6% in early trading and will adjust product prices this Saturday.

LAOPU GOLD (06181) fell more than 6% in early trading, dropping 6.2% to HK$741 as of the time of publication, with a turnover of HK$209 million. On the news front, on February 18, LAOPU GOLD announced that it would adjust product prices starting on February 28. It is understood that LAOPU GOLD products are sold at fixed prices and are usually adjusted 2-3 times a year. The last price adjustment was on October 26, 2025. China Securities Co., Ltd. pointed out that as of February 13, the market price of gold was 1108.92 yuan/gram, up 11.2% from the last price increase announcement on October 17 (997.17 yuan/gram). At the same time, due to the increase in value-added tax costs, referring to CHOW TAI FOOK's gold price, it rose 17.2% on February 18 compared to October 17. Currently, the average prices for LAOPU GOLD's plain gold and inlaid products are approximately 1600-1700 yuan/gram and 2100-2200 yuan/gram respectively (calculated by weight of gold, before discounts). Considering the company's target gross profit margin of 40%, the bank expects the price adjustment this time to be in the range of 15-20%.