Archive · 5 Jun 2025

Laopu Gold Becomes Hong Kong's Most Expensive Stock

Laopu Gold Becomes Hong Kong's Most Expensive Stock

Imagine a company that sells fancy jewelry, and its stock price has gone way up, making it the most expensive in Hong Kong!

It costs over HK$1,000 for one share.

This happened because the company is popular with young people in China.

However, buying this stock is expensive, costing about HK$100,000 to start.

The company's initial public offering was very popular.

Now, there's a big test coming up soon because of when some of the shares become available for trading.

Companies sometimes make their stocks cheaper by splitting them, but this jewelry company hasn't done that yet.

Sources