Goldman Sachs released a research report stating that it maintains a "neutral" rating for CHOW TAI FOOK (01929) with a target price of 8 Hong Kong dollars. The guidance for the 2025 fiscal year and the second half of the fiscal year remains unchanged, with same-store sales growth (SSSG) in December roughly aligning with the guidance. In mainland China, there is a double-digit decline, while Hong Kong and Macau see a decline of high double digits to over low 20%.
高盛：维持周大福“中性”评级 目标价8港元
Goldman Sachs: Maintains CHOW TAI FOOK's "Neutral" rating with a Target Price of 8 Hong Kong dollars.
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