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Chow Tai Fook Jewellery to Launch Recycled Gold Collections as Part of Sustainability Push
NWS HOLDINGS (00659.HK) intends to rename itself "CHOW TAI FOOK CREATION".
On December 19, Gelonghui reported that NWS HOLDINGS (00659.HK) announced that after the Shareholder approval at the annual general meeting to change the company name, according to the Certificate of Change of Name issued by the Registrar of Companies in Bermuda on November 25, 2024, the company name has been changed from "NWS Holdings Limited" to "CTF Services Limited", and "CHOW TAI FOOK Creation Limited" has been adopted as the secondary Chinese name, effective from November 22, 2024.
Hong Kong stock movements | CHOW TAI FOOK (01929) fell over 4% in the afternoon, with a 44% year-on-year decline in net profit for the first half of the fiscal year. High gold prices suppress the release of end Consumer demand.
CHOW TAI FOOK (01929) fell over 4% in the afternoon. As of the time of publication, it had decreased by 3.77%, priced at 6.63 Hong Kong dollars, with a transaction volume of 51.6355 million Hong Kong dollars.
Chow Tai Fook Jewellery Group Limited Goes Ex Dividend Tomorrow
Morgan Stanley: Maintains chow tai fook "in line with the market" rating, target price of 8.3 Hong Kong dollars.
Morgan Stanley released a research report stating that it maintains a "market perform" rating for Chow Tai Fook (01929) with a target price of 8.3 Hong Kong dollars. The bank expects that Chow Tai Fook's stock price has approximately a 70% to 80% chance of outperforming the same period's market index in the next 30 days, noting that yesterday (the 9th) the Central Political Bureau meeting revealed a strong tone for stimulus policies, indicating the need to expand domestic demand, and calling for supportive measures for the stability of the housing market and stock market, envisioning stability in asset prices, which has a positive impact on gold and jewelry consumption. The bank also pointed out that the period from December to February of the following year is usually the traditional peak season for jewelry sales, and Chow Tai Fook's stock price this year...
CHOW TAI FOOK JEWE To Go Ex-Dividend On December 11th, 2024 With 0.25704 USD Dividend Per Share
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