HK Stock Market Move | ZHOU LIU FU (06168) rose more than 5% in the afternoon. Retail sales of gold and jewelry are growing rapidly. The company is a leading brand in the gold and jewelry industry.

ZHOU LIU FU (06168) rose more than 5% in the afternoon, rising 4.73% as of press time to HK$43.82, with a turnover of HK$74.53 million. On the news front, in September 2025, the National Bureau of Statistics announced that the retail sales of gold, silver, and jewelry products increased by 9.7% year-on-year, and accumulated growth from January to September was 11.5%. The overall growth rate was significantly better than the national retail sales growth rate. Guoshen Securities believes that the excellent growth performance of jewelry retail sales may be driven by the year-on-year increase in gold prices. Wanlian Securities stated that under the influence of national trend culture, consumers are more willing to pay a premium for product craftsmanship. It is recommended to pay attention to leading gold jewelry companies that focus on product design, strong operational capabilities, strong brand momentum, and high dividends + high stock dividends. Huaxin Securities released a research report stating that ZHOU LIU FU, as a leading jewelry company in the industry, continuously optimizes its business model, adjusts its product structure according to market demand, steadily develops the sinking market while experimenting with the high-end market, refines its online channel layout, fully taps into the e-commerce traffic dividend, and with the deepening development of brand momentum driving growth, profits are expected to continue to be released.