HK Stock Market Move | LUK FOOK HOLD (00590) rises by more than 5% again, with same-store sales growth accelerating month-on-month from October to December. Institutions say growth exceeds expectations.

LUK FOOK HOLD (00590) is up more than 5%, rising more than 35% this month. As of the time of writing, it has risen by 5.83% to 31.96 Hong Kong dollars, with a trading volume of 81.7036 million Hong Kong dollars. On the news front, LUK FOOK HOLD recently announced that as of the end of the third quarter of the 2026 fiscal year, overall same-store sales increased by 15% year-on-year, with a 7% increase in mainland China and a 16% increase in markets outside of mainland China. From July to September, there was an accelerating trend. CICC stated that LUK FOOK HOLD's growth in the previous fiscal quarter exceeded expectations. Cinda believes that the faster growth in same-store sales in markets outside of mainland China is mainly due to the price advantage of products in China, Hong Kong, and Macau, concert activities, and the appreciation of the Renminbi, driving an increase in sales and foot traffic of mainland Chinese tourists. In addition, according to the company's announcement, despite gold prices reaching a new high in December 2025, consumers have gradually adapted to the high gold prices, therefore not causing a significant impact on sales. It is expected that same-store sales for the entire group from January 1st to 7th in 2026 will be better than the third quarter.