China's Laopu Gold shares fall despite forecast of tripling profits
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最新报道：Laopu Gold shares dropped over 5% in Shanghai trading despite the company forecasting a tripling of net profits for 2025, citing strong demand for gold jewelry and investment products. The miner reported a 30% revenue increase in preliminary earnings, but analysts noted concerns about rising production costs and potential regulatory scrutiny on gold-backed financial products in China. Shares closed at 42.15 yuan ($5.80), underperforming the broader materials sector which gained 1.2%.
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