ZHOU LIU FU rose over 17% in the afternoon, driven by a dual boost from the gold consumption boom and expectations of "entry into the market."

ZHOU LIU FU has performed strongly since its listing on the Hong Kong stock market, with its stock price rising over 17% to HKD 47.24 as of today. The significant increase in ZHOU LIU FU's stock price is mainly attributed to the continued rise in gold consumption and the high market sentiment in the Hong Kong stock market. During the subscription period (from June 18 to June 23), the amount subscribed by retail investors quickly exceeded HKD 100 billion, with the final oversubscription rate reaching as high as 594 times, triggering the clawback mechanism, and the proportion of public offerings increased to 50% (approximately 23.4 million shares), further highlighting the market's enthusiasm for ZHOU LIU FU.

Market analysts believe that ZHOU LIU FU benefits not only from the gold consumption boom but also from the attention its market capitalization has received since its listing. Currently, the market generally expects ZHOU LIU FU to smoothly "enter the Connect," providing mainland investors with a convenient investment channel, which is expected to further boost its stock price performance. In addition, the channel barriers built by ZHOU LIU FU's 4,129 stores, the 97.1% gross profit margin on service fees demonstrating profitability resilience, and the 55.1% penetration rate in third-tier markets all provide strong support for its future stock price increase