GO
| HSI1 | 24,963.23 | -247.58 | 209.88B |
| HSCEI1 | 8,271.06 | -81.61 | 65.42B |
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2026-07-24 15:33:42 CHOW TAI FOOK (01929.HK)'s RSV added 15.1% YoY in 1QFY27, with its Mainland China market outperforming the overall jewellery market, while Hong Kong/ Macau also maintained strong growth, BOCI said in a report. Despite gold price volatility, the company's profitability remained in line with expectations, the broker opined. The retreat in gold prices boosted demand for gold products priced by weight, while the strong contribution from the DAWN COLLECTION also demonstrated progress in brand transformation and new customer acquisition. Management projected that a balanced hedging strategy and product mix will support the company in achieving its FY2027 financial targets as scheduled, while recent adverse weather conditions had limited impact on RSV. The broker believed this will support CHOW TAI FOOK's share price in continuing to outperform. It maintained its Buy rating with a TP of HKD14.8. ~ AASTOCKS Financial News Website: www.aastocks.com | |