On August 20, CHOW TAI FOOK rose 3.39% in regular trading, trading at HK$13.35 per share, with turnover of HK$79.92 million.

The rally was driven by elevated gold jewelry prices and robust operational momentum. As of August 18, CHOW TAI FOOK's pure gold jewelry was priced at RMB 1,332 per gram, marking a significant rebound from early in the month. The broader gold jewelry sector strengthened in tandem, with peer LUK FOOK HOLD rising 4.01%.

On the fundamental side, CHOW TAI FOOK reported FY2027 Q1 retail value growth of 15.1% year-over-year. Mainland China direct-operated same-store sales grew 19.6%, while Hong Kong and Macau same-store sales surged 41.7%. The strong performance was largely driven by weight-priced gold jewelry, which saw same-store sales growth of 38.0% in mainland direct stores, as gold price pullbacks in Q2 released pent-up consumer demand. Multiple brokerages including UBS (target price HK$16.50) and Bank of China International maintain bullish ratings on the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)