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

Business

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.


Source: Bloomberg Markets — This article was automatically imported from the source. Read full article at original source →

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Originally published by Bloomberg Markets bloomberg.com
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