CHOW TAI FOOK Stock Forum

$CHOW TAI FOOK (01929.HK)$ This stock should go pass HKD8.00 due to surge in gold price.

US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(JUN5) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias. Price is currently near 6055 resistance level. A 4 hour candlestick closing above 6055 resistance would open push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlestick closing below 6055 resistance would...

This is a direct swipe at the global metals market status quo currently dominated by the COMEX and London Metals Exchange (LME), which transacts $13.5 TRILLION worth of metals annually. Together with the Shanghai Metals Exchange, China stands to take a BIG bite out of this exclusive club.
$Cboe/COMEX Gold Volatility Index (.GVX.US)$ $CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW SANG SANG (00116.HK)$

Hong Kong will roll out several measures with the aim of becoming an international trading center for gold and other commodities, Financial Secretary Paul Chan wrote in his blog Sunday.
Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
$CHOW TAI FOOK JEWE (CJEWY.US)$ $CHOW TAI FOOK (01929.HK)$ $CHOW SANG SANG (00116.HK)$ $ZIJIN MINING (02899.HK)$ $MMG (01208.HK)$ $CHINAHONGQIAO (01378.HK)$ $CHINA TOWER-NEW (00788.HK)$ $Golden Minerals (AUMN.US)$ $DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP.US)$

$CHOW TAI FOOK (01929.HK)$ I was in Shanghai Global Harbour Mall last week, out of more than 10 jewellery stores. CTF is the only store with customer. I think even with this challenging economic environment, CTF reputation will still be a big diffrentiator for them to thrive.

$Hang Seng Index (800000.HK)$ lifted 82 points or 0.4% to close at 19,636. $Hang Seng China Enterprises Index (800100.HK)$ inclined 30 points or 0.4% to close at 6,964. $Hang Seng TECH Index (800700.HK)$ rose 22 points or 0.6% to close at 4,135. The total turnover for the whole day was $156.477 billion.
The Government Cabinet of Iran confirmed the death of President Ebrahim Raisi in a helicopter accident. Markets were concerned about the effect of geopolitical tens...