Nomura maintains a Buy rating on LAOPU GOLD due to its adherence to growth strategies despite gold price volatility. The broker believes that the downside risk from sales slowdown has been largely priced in and expects that if gold prices stabilize, market pessimism regarding the company's sales will ease. The stock is currently trading at an attractive valuation, and the company's initiatives in expanding and upgrading boutiques are expected to enhance brand awareness and customer experience.
