The gold prices in China soar: Laopu Gold and Shuibei gain market share as market share increases.

The price of gold has risen in china, reaching 7,162 usd (101.22 usd) per gram on april 1st, making it 735.68 rmb (101.22 usd) per gram.

Luk fook, chow seng seng, and luk fook all reached or exceeded 3,162 usd (101.22 usd) per gram.

Most gold shops saw a decrease in sales as a result of rising costs, but two gold shops did exceptionally well: the shuibei market, shenzhen's inexpensive jewelry hub, and laopu gold, which cost almost reached 950 rmb (130.71 usd) per gram, against this backdrop.

Park is a wholesale gold and jewellery center, where many retailers use social commerce services such as rednote and douyin to reach end customers.

Young and internet-savvy individuals are looking for more.

It is a way for chinese customers to get rid of the "branding tax" by sticking to market prices with no premium and low crafting fees.

Laopu gold () became the first retailer to sell gold accessories on the last day of march, a similar to "white label" fmcg.

Laopu gold's share price increased by 27% to 868.59 usd (203.63 million usd) per share on the next day, boosting its market value by 42.2% to 1.48 billion rmb (481.63 million usd) per share with a 42.2% margin.

Laopu wins over the wealthy and aspiring customers by offering "emotional value" in its shuibei shop, according to the shuibei merchant.

With the “new chinese style” as mainstream, laopu is expected to aim for a with its brand recognition and brand recognition.

2025 dao insights & dash; you can see how this popup was set up in our step-by-step guide: https://www.wppopup.com/guides/auto-announcement-popups/; today's high gold prices have risen even higher.