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Chinese Luxury Jeweler Sheds $2.1 Billion on 66% Growth Outlook

Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.

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BloombergLean L·1h ago
Chinese Luxury Jeweler Sheds $2.1 Billion on 66% Growth Outlook
Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.
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Chinese Luxury Jeweler Sheds $2.1 Billion on 66% Growth Outlook

How 1 sources are covering this

Chinese Luxury Jeweler Sheds $2.1 Billion on 66% Growth Outlook

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