$CHIFENG GOLD(06693.HK) saw a slight increase, while $LAOPU GOLD(06181.HK) remained basically unchanged. Gold prices rose by +7.25% this week, and US gold mining stocks posted gains of over seven points during the same period, but these two Hong Kong stocks barely followed suit 😳

The RSI for $CHIFENG GOLD(06693.HK) has already reached 86.5; its inability to rise further can be understood as having largely exhausted its previous momentum. $LAOPU GOLD(06181.HK), on the other hand, doesn't rely on gold prices for its business model; it focuses on brand premium. In fact, rising gold prices 反而 increase raw material costs.

Is the divergence between these two Hong Kong stocks and gold prices due to liquidity issues or fundamental differences? It looks more like a liquidity issue—the same gold price is priced significantly differently across the two markets.