Chow Tai Fook announced on the Hong Kong Stock Exchange that retail value in the third quarter decreased by 21.0% year-on-year. Among them, same-store sales of mainland directly operated stores and franchise stores decreased by 24.3% and 20.3% year-on-year, respectively. The Hong Kong and Macau markets were affected by citizens traveling abroad during the summer vacation and changes in the consumption patterns and preferences of mainland tourists, resulting in a 30.8% decrease in same-store sales. Same-store sales in Hong Kong dropped by 27.8%, while Macau decreased by 40.2%.