5 h. ago China’s Laopu Gold surges 15% as investors devour newly available shares

A surge in the supply of Laopu Gold shares after the end of a lock-up period turned out to be a buying opportunity for investors who missed out on the luxury jeweller’s 14-fold surge since its 2024 debut. The Beijing-based company’s shares jumped 15 per cent to a record of HK$1,008 on Monday, bucking concerns of a pullback after 69 million shares – a 40 per cent stake – became free-floating, allowing pre-listing investors including founder Xu Gaoming to sell without restrictions a year after the...

Economics

55 h. ago Ghana at loggerheads with China over rampant illegal gold mining

China and Ghana, Africa’s largest gold producer, are embroiled in a diplomatic row over the rampant problem of illegal gold mining, known as “galamsey”. As global gold prices soar, a growing number of Chinese firms are investing billions of dollars in Ghana’s lucrative gold sector. However, the alleged involvement of Chinese nationals in illicit mining operations has ignited major debate. It has prompted the Chinese ambassador to Ghana, Tong Defa, to push back against accusations that Chinese...

Events

60 h. ago China's Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal

China's Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal  Reuters

Economics

5 d. ago China. New Gold and Silver Proof Coins Continues Popular National Treasures Series

China. New Gold and Silver Proof Coins Continues Popular National Treasures Series  Greysheet

Culture

6 d. ago China Opens First Offshore Gold Vault and Contracts in Hong Kong

China Opens First Offshore Gold Vault and Contracts in Hong Kong  Bloomberg.com

Politics

7 d. ago How deep will China go to boost gold production by more than 5%?

China plans to use new mining technology and also dig deeper to increase gold production over the next three years as demand for the precious metal soars amid rising geopolitical tensions. In the 2025-2027 gold industry development action plan released on Monday, the Ministry of Industry and Information Technology and eight other agencies pledged to increase China’s gold reserves by 5 to 10 per cent and also raise gold output by more than 5 per cent. “Gold is a strategic mineral resource with...

Politics

1 week ago Focus on how to improve Hong Kong, fencing star Vivian Kong tells youngsters

Focus on what you can do to improve Hong Kong and mainland China instead of their shortcomings, Olympic gold medallist Vivian Kong Man-wai has told the city’s youngsters. The fencing star also urged young Hongkongers on Saturday to understand their identity, as she shared her experience of studying international relations at Stanford University in the US during a forum commemorating the fifth anniversary of the Beijing-imposed national security law. “My biggest takeaway is that Americans do not...

Politics

2 w. ago Platinum draws fresh interest from China's jewelers as gold prices test buyers' wallets

Platinum draws fresh interest from China's jewelers as gold prices test buyers' wallets  Business Insider

Economics

2 w. ago Trump’s $499 Gold Smartphone Is Probably Being Made in China, According to Experts

Trump’s $499 Gold Smartphone Is Probably Being Made in China, According to Experts  Variety

Politics

2 w. ago China gold market update: Physical demand cools in May | Post by Ray Jia | Gold Focus blog

China gold market update: Physical demand cools in May | Post by Ray Jia | Gold Focus blog  World Gold Council

Politics

2 w. ago Gen Z’s ‘emotional consumption’ fuels surge in consumer stocks like Pop Mart

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery to low-priced drinks, delivering multifold returns on so-called new consumer stocks. The ascent of Pop Mart International Group, Mixue Group and Laopu Gold is one of the few bright spots in China’s sluggish consumer industry, which has been plagued by a weak jobs market and the deflationary trend. The robust performance has come at the cost of traditional...

Politics

2 w. ago Japan weighs tightening rules on visa popular among Chinese nationals

Japan is considering increasing the minimum investment threshold for its business manager visa in a bid to make it harder for foreigners to obtain residence status and launch commercial operations in the country, as the scheme becomes increasingly popular with Chinese nationals. The visa, which offers relatively accessible entry for foreign entrepreneurs, permits stays of up to five years for those who either invest 5 million yen (US$34,711) or hire two full-time employees while maintaining an...

Politics

3 w. ago Gold Advances Even After US and China Agree to Ease Trade War

Gold Advances Even After US and China Agree to Ease Trade War  Yahoo Finance

Events

3 w. ago Gold Edges Higher Even as US and China Agree to Ease Trade War

Gold Edges Higher Even as US and China Agree to Ease Trade War  Bloomberg

Events

3 w. ago China's central bank buys gold for seventh straight month in May

China's central bank buys gold for seventh straight month in May  CNBC

Economics