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<Research>Citi Lifts CHOW TAI FOOK's TP to HKD16.7; Same-Store Sales Growth Beats
CHOW TAI FOOK (01929.HK)'s same-store sales growth in April and 4FQ beat expectations, reflecting a stronger-than-expected recovery in gold demand by weight since March followi...
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<Research>Citi Lifts CHOW TAI FOOK's TP to HKD16.7; Same-Store Sales Growth Beats
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CHOW TAI FOOK (01929.HK)  +0.070 (+0.644%)    Short selling $40.73M; Ratio 44.580%   's same-store sales growth in April and 4FQ beat expectations, reflecting a stronger-than-expected recovery in gold demand by weight since March following the pullback in gold prices, Citi's research report said.

Citi lifted its target price for CHOW TAI FOOK from HKD16.1 to HKD16.7 and gave the company a Buy rating. The broker also initiated a 30-day positive catalyst watch.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.)

Related News CLSA Cuts Chow Tai Fook (01929.HK) TP to HKD11.2, Maintains Hold

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