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Hong Kong stock announcement for treasure hunting | Aluminum Corporation Of China reported a net profit attributable to shareholders of approximately 3.538 billion yuan in the first quarter, a year-on-year increase of 58.78%.
SANDS CHINA LTD (01928) reported a total net income for the first quarter that decreased by 5.7% year-on-year to 1.7 billion dollars; SINO BIOPHARM (01177): 45 research achievements will be announced at the 2025 ASCO annual meeting.
Chow Tai Fook Jewellery's Retail Sales Value Slides 12% in Q1
CHOW TAI FOOK (01929.HK): The decline in same-store sales in mainland China has narrowed in the fourth fiscal quarter.
On April 24, GLONGHUI reported that CHOW TAI FOOK (01929.HK) announced that for the three months ending March 31, 2025 (“fourth quarter” or “within the quarter”), external macroeconomic factors and high Gold prices continued to affect Consumer sentiment. However, the group's product optimization measures achieved positive results within the quarter, driving pricing products to show strong growth momentum and demand. Additionally, effective Lunar New Year marketing activities conducted by the group led to a reduction in the decline of same-store sales in mainland China (“mainland”). During the quarter, same-store sales for direct-operated and franchise stores in the mainland decreased by 13.2% and 8.7% year-on-year, respectively.
Express News | Chow Tai Fook Jewellery - Qtrly Same Store Sales Growth for Mainland China Down 13.2%
Express News | Chow Tai Fook Jewellery Group FY Revenue HKD 4,000 Million
Hong Kong stocks movement | CHOW TAI FOOK (01929) rebounded over 5%. Bank of America is Bullish on the company's same-store sales bottoming out and potential brand turnaround.
CHOW TAI FOOK (01929) rebounded over 5%, as of the time of writing, up 5.11% to HKD 9.47, with a trading volume of HKD 0.149 billion.
