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HSI1 | 21,971.96 | -8.78 | 169.03B |
HSCEI1 | 8,080.19 | -0.35 | 62.45B |
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2025-04-28 11:20:03 CHOW TAI FOOK (01929.HK)'s operating indicators continued to come under pressure in 4FQ25 ended March 2025, according to BOCI's research report. The Group's retail sales value decreased 11.6% YoY, while the total number of stores reached 6,643, a higher-than-expected net store closure rate of 406. BOCI predicted the Company to achieve better performance in FY2026 with the current direction and help the Company's valuation to re-rate. Therefore, the broker upgraded CHOW TAI FOOK from Hold to Buy, and raised its target price to $11.2 from $6.8. ~ AAStocks Financial News Web Site: www.aastocks.com |