Archive · 5 Jun 2025
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.
Laopu Gold Co.'s stock price has surged to over HK$1,000, becoming the most expensive in Hong Kong.
The stock has increased by over 2,300% since its June 2024 listing, surpassing many peers.
High price may deter retail purchases; a minimum investment is HK$100,000.
The company's IPO was heavily oversubscribed, leading to more shares for individual investors.
A lockup expiration in June could significantly impact the stock's future performance.
- Who
- Laopu Gold Co.
- What
- Laopu Gold Co.'s stock price has risen to over HK$1,000.
- When
- Since its listing in June 2024.
- Where
- Hong Kong
- Why
- Reflects investor interest and demand for luxury stocks catering to Gen Z.
Retail Investors
Institutional Investors
Investment Barriers
Retail Investors
High stock prices can deter retail investments.
Institutional Investors
High price is not an obstacle for institutional or high-net-worth investors.
- Stock Price
- Over HK$1,000
- Company
- Laopu Gold Co.
- Listing Date
- June 2024
- Price Increase
- Over 2,300%
- Minimum Investment
- HK$100,000
- Oversubscription
- Nearly 600 times