{
Chow Tai Fook Jewellery Group Ltd.

Companies

}
chow tai fook reports significant revenue decline amid economic slowdown
Chow Tai Fook Jewellery Group Ltd., Hong Kong's largest jewelry retailer, reported a 20.4% revenue decline to HK$39.4 billion ($5.1 billion) for the half year ending September, marking the steepest drop since 2016. Profit plummeted 44.4% to HK$2.6 billion, primarily due to losses from gold loan contract revaluations amid volatile prices.
bloomberg.com
Hong Kong Dollar Chow Tai Fook Jewellery Group Ltd. HKG CHN Henry Cheng
Finance & Economy, Market Report
11:16 26.11.2024
China consumer sentiment under scrutiny as Meituan and Chow Tai Fook report earnings
Meituan and Chow Tai Fook Jewellery Group Ltd. are set to provide insights into China's consumer sentiment amid a slow economic recovery, ongoing property issues, and unstable employment. Despite a notable increase in retail sales in October, consumer spending remains cautious, as government stimulus has yet to significantly enhance income levels, according to Boston Consulting Group.
bloomberg.com
Chow Tai Fook Jewellery Group Ltd. Meituan CHN
Finance & Economy, Market Report
02:30 22.11.2024
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