Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy
Invest Hong Kong announced today (September 29) that Beijing-based LaoPu Gold has opened its third store in Hong Kong, this one at the International Finance Centre (IFC), following its locations at Harbour City and Canton Road. Leveraging Hong Kong's international status, the brand continues to advance its global expansion strategy.
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Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
During a visit to the new store, the Secretary for Commerce and Economic Development, Mr Algernon Yau, said, "Hong Kong, as a 'super connector' and 'super value-adder,' has always been a crucial platform for Mainland enterprises to 'go global'. We are delighted to see a Mainland brand with such a rich cultural heritage and innovative spirit constantly expanding its operations in Hong Kong. This not only demonstrates Hong Kong's strategic position as a luxury retail hub but also highlights its role as an important gateway for Mainland enterprises to tap into overseas markets."
A LaoPu Gold spokesperson said, "By leveraging Hong Kong's unique position as a bridge between Eastern and Western cultures, we are using the city as our international window to accelerate the brand's internationalisation. We have already opened two stores in Hong Kong, which have been well-received by customers, with queues being a common sight. The performance of our Hong Kong stores is approximately 30 per cent higher than that of the Chinese Mainland. According to our financial results, in the first half of 2025, LaoPu Gold's overseas revenue surged approximately 455.2 per cent period-on-period, contributing 12.9 per cent to the group's total revenue."
The spokesperson added, "The opening of our new store at IFC further strengthens LaoPu Gold's presence in the Hong Kong retail market. Locating storefronts at Harbour City and Canton Road enables us to benefit from the traffic of visitors to the free trade port, while securing a position in IFC in the Central core, marking the largest presence among all its boutiques across all the shopping districts it operates in, also brings LaoPu Gold closer to the high-net-worth elites in the financial district."
Founded in 2009, LaoPu Gold is the first brand in China to promote the concept of heritage gold jewelry. The legacy of imperial goldsmithing from various Chinese dynasties has been revived and unveiled to the market by LaoPu Gold. Techniques such as "filigree inlay" and "gold and silver inlay", have been recognised as national-level intangible cultural heritage.
As of now, LaoPu Gold has set up a presence in 29 reputable commercial centres and opened over 40 stores, all located in high-end commercial destinations. In June this year, the brand made its overseas debut at The Shoppes at Marina Bay Sands in Singapore.
For more information about LaoPu Gold, please visit www.lphj.com/.
For a copy of the photos, please visit: www.flickr.com/photos/investhk/albums/72177720329342958.
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Beijing-based LaoPu Gold expands Hong Kong operations to deepen "go global" strategy Source: HKSAR Government Press Releases
Chinese medicine sector fully supports residents affected by Tai Po Wang Fuk Court fire by providing free Chinese medicine consultation services
The Health Bureau (HHB) announced today (December 14) that free Chinese medicine (CM) consultation services will be provided to residents affected by the fire at Wang Fuk Court in Tai Po starting tomorrow (December 15). In addition, various CM services will also be deployed to fully address their medical needs.
Free Chinese medicine consultation services
To ensure the affected residents receive more comprehensive medical support, free CM consultation services will be launched starting tomorrow. Under the co-ordination of the Primary Healthcare Commission (PHC Commission) and the Chinese Medicine Unit of the HHB, 150 CM practitioners have participated in the free CM consultation services, covering more than 170 service points. Starting from tomorrow until February 28, 2026, all residents of the eight blocks at Wang Fuk Court (including foreign domestic helpers) can receive up to three free CM consultation services, including the provision of medication and related treatments based on their clinical needs, through the arrangement of the District Health Centres/ District Health Centre Expresses (collectively referred to as DHCs) across all 18 districts in Hong Kong. The scope of free CM consultation services covers health conditions that may arise after the fire, such as emotional changes, insomnia, palpitations; coughing, wheezing, dry throat, and itchy throat; physical weakness, fatigue, loss of appetite, dyspepsia; as well as pain and musculoskeletal injuries.
Affected residents with medical needs can call the hotlines or visit any DHC in person to seek assistance, regardless of their current place of residence. Those who are registered DHC members may also contact their respective DHC directly. The hotlines have been posted on the websites of the PHC Commission and the DHCs. Case managers of the DHCs will pair them with CM practitioners participating in the free CM consultation scheme based on their individual situation and preferences.
The Chinese Medicine Hospital of Hong Kong
All residents of the eight blocks at Wang Fuk Court (including foreign domestic helpers), and all individuals injured in the fire and admitted to public hospitals under the Hospital Authority (HA) can receive full fee waivers at the Chinese Medicine Hospital of Hong Kong (CMHHK) until December 31, 2026. The waivers cover all government-subsidised services of CMHHK, including General Clinic, Specialised Clinic, Allied Health Services, day-patient services, as well as special Western medicine diagnostic procedures and medications (discharge medication collection). Relevant individuals can identify themselves to CMHHK and provide basic personal information (including name, identity card number and residential address) during consultations to facilitate the arrangement.
Chinese Medicine Clinics cum Training and Research Centres located in 18 districts
Following the fire, the Chinese Medicine Clinics cum Training and Research Centres (CMCTRs) under the HA promptly provide support in Sha Tin District, Tai Po District, and North District through enhancing CM services, arranging rescheduling of appointments, and re-dispensing of Chinese medicines.
Starting from December 2, the 18 CMCTRs have been fully supporting all residents of the eight blocks at Wang Fuk Court (including foreign domestic helpers). They are eligible for full medical fee waivers until December 31 2026, covering government-subsidised CM outpatient services, including general consultation, acupuncture and bone-setting/tui-na. Relevant individuals can call the CMCTRs during their service hours or make an appointment via the "18 CM Clinics" mobile application. They shall identify themselves to the CMCTRs and provide basic personal information (including name, identity card number and residential address) upon registration to proceed with the arrangement. The CMCTRs will provide priority booking for the affected residents. In addition, the Integrated Chinese-Western Medicine Services under the HA's public hospitals/ambulatory care centres/out-patient clinics (currently available for six selected disease areas) will also waive service fees for relevant individuals.
Information about the 18 CMCTRs can be found on the HACMK website.
The HHB expresses gratitude to the CM sector and non-governmental organisations for their dedication to providing various CM support to the affected residents. The Government will continue to co-ordinate various medical services to support the physical and mental health needs of the residents.
Source: AI-found images