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LOCO HK (08162.HK) plans to conduct a placement at a discount of approximately 15.79% for up to 0.166 billion shares, raising a net amount of 78.8728 million Hong Kong dollars.
Gelonghui, January 3rd丨LOCO HK (08162.HK) announced that on January 3, 2025, the company entered into a placement agreement with the placement agent, whereby the placement agent (acting on behalf of the company) agrees to use its best efforts to arrange for no less than six subscribers (who and their ultimate beneficial owners will be independent third parties) to subscribe for up to 165,880,800 placement shares at a price of HKD 0.48 per share. Assuming that there is no change in the company's issued shares from the date of this announcement until the deadline, the maximum of 165,880,800 placement shares will account for 20% of the company's existing issued shares;
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Market Alert | Lao Pu Gold continues to rise nearly 6%, with stock prices hitting new highs, increasing over 300% since listing! Gold prices are welcomed with a "New Year Red" in 2025, with Wall Street predicting a Call up to 3000 USD.
The old shop Gold sets a new high in the morning, with an increase of over 330% since its listing. As of the time of writing, Old Shop Gold has risen by 5.98%, reported at 280 Hong Kong dollars, with a trading volume of 59.9401 million Hong Kong dollars.
2025 Gold Outlook: Three Bullish Factors, Double Tailwinds.
Large asset management companies expect that in the most optimistic scenario, Gold prices will reach at least the 3000 mark this year; even in the most pessimistic scenario, a key factor can help Gold find bottom support.
Will the Gold feast continue? Analysts predict that Gold prices will rise further in 2025.
① Analysts expect gold prices to continue rising in 2025, but at a slower pace; ② Analysts on average expect gold prices to rise to $2,795 per ounce by the end of 2025, mainly influenced by Global central bank purchases, Federal Reserve interest rate cuts, rising government debt, and geopolitical conflicts.
Gold has achieved its most significant annual increase since 2010! Have the "rules of the game" changed?
The Gold bulls may create brilliance again next year!
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