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Chinese Luxury Jeweler Sheds $2.1 Billion on 66% Growth Outlook

Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.

July 28, 2026 World Bloomberg

Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.

Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.

This story was indexed from the original publisher. Read at Bloomberg

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