LaoPu Gold Opens Third Store in Hong Kong, Expanding Global Presence at IFC

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.

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

Hong Kong Customs detect a drug trafficking case involving incoming passenger at airport

Hong Kong Customs detected a drug trafficking case involving an incoming passenger at Hong Kong International Airport today (April 4) and seized about 4.4 kilograms of suspected heroin with an estimated market value of about $2.9 million.

A 20-year-old male passenger arrived in Hong Kong from Penang, Malaysia, today. During Customs clearance, Customs officers found about 4.4kg of suspected heroin inside his carry-on baggage. The man was subsequently arrested.

The arrested man has been charged with one count of trafficking in a dangerous drug. The case will bebrought up at the Eastern Magistrates' Courts on April 6.

Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.

Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.

Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.

Members of the public may report any suspected drug trafficking activities to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Hong Kong Customs detect a drug trafficking case involving incoming passenger at airport Source: HKSAR Government Press Releases

Hong Kong Customs detect a drug trafficking case involving incoming passenger at airport Source: HKSAR Government Press Releases