HK Stock Market Move | CHOW TAI FOOK(01929) rose more than 3%. Sales performance of priced products is impressive. Plans to increase prices by 12%-18% by the end of October.

CHOW TAI FOOK (01929) rose over 3%, as of the time of publication, rising by 3.17% to HK$16.91, with a transaction volume of HK$186 million. In terms of news, it was reported that on October 20th, CHOW TAI FOOK Jewelry announced that due to the continuous rise in gold prices affecting costs, the group plans to increase the retail prices of priced gold products at the end of October, with most products expected to increase by 12% - 18%. Earlier on October 17th, CHOW TAI FOOK disclosed unaudited main operating data for the three months ending September 30, 2025. During the reporting period, the group's retail value increased by 4.1%. Among them, the retail value of priced gold products category grew by 43.7% year-on-year. The company's retail value increased by 4.1% year-on-year, with retail value in the Mainland market increasing by 3% year-on-year, and retail value in Hong Kong, Macau, and other markets increasing by 11.4% year-on-year. Huatai believes that the same-store sales growth of different regions and product categories within the group turned positive in the quarter, mainly due to the outstanding performance of sales of priced gold, gold inlays, and other priced products, combined with a low base effect. As the second half of the fiscal year gradually enters the peak consumption season for gold jewelry, and with the group continuously making efforts in iconic series products and steady progress in channel optimization, the bank is optimistic about the continuous improvement of CHOW TAI FOOK's fundamentals and maintains a "buy" rating.