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[Brokerage Focus] China Merchants maintains a "Strong Buy" rating on CHOW TAI FOOK (01929), pointing out its strong long-term growth certainty.
Jinwu Financial News | China Merchants released a research report indicating that CHOW TAI FOOK (01929) published its FY25Q3 (ending December 31, 2024) company business data, showing a 14.2% decline in RSV for this quarter, with a -13.0% in mainland RSV and -20.4% in Hong Kong, Macau, and other markets. The same-store sales in mainland for directly operated stores decreased by 16.1%, where gold same-store sales dropped by 15.3%, and embedded same-store sales fell by 20.3%; in the Hong Kong and Macau markets, same-store sales shrank by 21.3%, with embedded same-store sales increasing by 33.7%, and gold same-store sales decreasing by 36.2%. The company opened a total of...
Hong Kong stocks move | CHOW TAI FOOK (01929) rises over 4% as the company's retail decline narrows, and the profit side may see corresponding improvement.
CHOW TAI FOOK (01929) rose more than 4%. As of the time of writing, it increased by 4.33%, trading at 7.75 Hong Kong dollars, with a transaction volume of 40.3894 million Hong Kong dollars.
At least 6 hours of waiting in line! Young people are taking small stools to SKP to scramble for the old shop Gold...
Wen | Sina Finance Yan Yan Valentine's Day consumer whirlwind swept through the luxurious corridors of the mall, bringing a touch of sweetness and a hint of madness. On this special holiday, Peking SKP mall was crowded, with the craziest counter being the "Gold界Hermès" old shop gold. A visit by Sina Finance found that at 10 a.m., the old shop gold store had just opened, and there was already a long line at the entrance. Some consumers complained: "It's so crowded that we can't even get into the store, the wait is at least 6 hours!" Additionally, many scalpers rushed to take advantage of the opportunity to profit. It was revealed that the price for scalpers to hold a place in line generally ranges from 300 to 600 yuan. Such a high代排 fee did not...
Waiting in line for 6 hours without being able to enter the store? The old shop Gold has completely made the wealthy women of SKP "kneel down"!
Wen | Sina Finance Yan Yan Valentine's Day consumer whirlwind swept through the luxurious corridors of the mall, bringing a touch of sweetness and a hint of madness. On this special holiday, Peking SKP mall was crowded, with the craziest counter being the "Gold界Hermès" old shop gold. A visit by Sina Finance found that at 10 a.m., the old shop gold store had just opened, and there was already a long line at the entrance. Some consumers complained: "It's so crowded that we can't even get into the store, the wait is at least 6 hours!" Additionally, many scalpers rushed to take advantage of the opportunity to profit. It was revealed that the price for scalpers to hold a place in line generally ranges from 300 to 600 yuan. Such a high代排 fee did not...
CHOW TAI FOOK (00659.HK) plans to hold a Board of Directors meeting on February 26 to approve the interim results.
On February 12, 2023, Gelonghui reported that CHOW TAI FOOK (00659.HK) announced that the Board of Directors meeting will be held on Wednesday, February 26, 2025, to approve the publication of the interim results of the company and its subsidiaries for the six months ended December 31, 2024, and to consider the distribution of dividends.
Are consumers of gold jewelry becoming desensitized to high gold prices?
① The impact of rising gold prices on consumers' purchase of Gold Trinkets seems to have changed. Recently, reporters inquired frontline personnel engaged in Gold Trinket wholesale and brand retail in Shanghai's Yuyuan about the situation, and the sales of Gold Trinkets have been booming; ② Some consumers believe that gold retains value better and is expected to increase in price in the future, providing an opportunity to offset the premium of Gold Jewelry; ③ The sales performance in gold stores may be able to break away from the trend observed since the first quarter of last year.
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