Laopu Gold’s Searing Rally Cools as Sales Slip, Bullion Falls

Slowing sales, a slump in its share price and a selloff in the gold market are fueling concerns that Laopu Gold Co., one of China’s hottest consumer brands, is losing...

By Charlie Zhu, Lulu Shen, Daniela Wei, Kelly Li · Bloomberg Markets

Slowing sales, a slump in its share price and a selloff in the gold market are fueling concerns that Laopu Gold Co., one of China’s hottest consumer brands, is losing momentum.