Core Viewpoint - Luk Fook Holdings (00590) reported strong performance in Q3, exceeding expectations with overall retail value, retail revenue, and same-store sales increasing by 26%, 17%, and 15% respectively [1] Group 1: Market Performance - The performance in Hong Kong, Macau, and overseas markets was impressive, with retail value, retail revenue, and same-store sales rising by 20%, 19%, and 16% respectively [1] - The mainland China market showed good performance despite a high base compared to Hong Kong and Macau, with retail value increasing by 26%, retail revenue by 11%, and same-store sales improving to +7% [1] Group 2: Product Performance - The overall same-store sales for gold products were +15%, while priced products saw a +17% increase, with the same-store sales for priced gold products rising by 32% despite a high base [1] Group 3: Store Expansion and Future Outlook - The company reduced its store count by 40 in Q3, but opened 17 new stores overseas during the nine-month period ending December 31, 2025 [1] - Overall same-store sales for the first seven days of 2026 were better than those in Q3 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 截至 2026 年 3 月 31 日止財政年度第三季度之零售銷售表現 摘要 | | 集團整體 | | 香港、澳門及海外 | | 內地 | | | --- | --- | --- | --- | --- | --- | --- | | 零售值 | +26% | | +20% | | +26% | | | 產品佔比： | (8) 黃金及鉑金 | ：78% | 黃金及鉑金 | ：73% | 黃金及鉑金 | ：79% | | | 定價首飾 | ：22% | 定價首飾 | ：27% | 定價首飾 | ：21% | | 零售收入 | +17% | | +19% | | +11% | | | 同店銷售 | +15% | | +16% | | +7% | | | 店舖數目 | 3,073 | | 122 | | 2,951 | | 備註︰ (1) 第三季度：往後稱為「第三季」、「季內」或「本季」，涵蓋 10 月 1 日 ...

每经AI快讯，六福集团(00590.HK)午后一度涨超5%，截至发稿涨4.91%，报26.94港元，成交额2319.84 万港元。 ...

Group 1 - The core viewpoint of the article highlights that Luk Fook Holdings (00590) experienced a significant stock price increase, rising over 5% due to the influence of international gold prices on domestic gold jewelry prices [1] - As of January 14, multiple gold jewelry brands in China have raised their domestic gold jewelry prices, surpassing 1435 RMB per gram, with some brands adjusting prices to as high as 1439 RMB per gram on January 15 [1] - Citigroup has initiated a 30-day upward catalyst observation for Luk Fook Holdings, anticipating enhanced operational data for the third quarter of fiscal year 2026 to be released in January [1] Group 2 - The strong sales momentum observed in October and November is expected to continue into December, positively impacting the company's performance [1] - The adjustment in value-added tax policy is projected to lead to robust sales growth, which will positively affect the gross margin for the second half of fiscal year 2026 and the first half of fiscal year 2027 [1]

花旗此前发布研报称，对六福集团开启30天上升催化观察，因预计公司将于1月公布2026财年第三季按 季增强的营运数据；预计10月及11月展现的强劲销售动能将持续至12月；亦认为增值税政策调整后，销 售额强劲增长将对2026财年下半年及2027财年上半年的毛利率产生正面影响。 六福集团(00590)午后涨超5%，截至发稿，涨4.91%，报26.94港元，成交额2319.84万港元。 消息面上，受国际金价带动，国内黄金饰品价格也普遍上涨。据上海证券报报道，1月14日，多家黄金 珠宝品牌公布的境内足金饰品价格继续上调，已突破1435元/克关口。1月15日，多家品牌境内金饰价格 调整出现分歧，较高者已上调至1439元/克。 ...

Core Insights - The event showcased a blend of traditional culture and modern technology, marking the first jewelry pop-up store to incorporate Mixed Reality (MR) technology in collaboration with the cultural IP "Tang Palace Night Banquet" [1][6] - The marketing strategy successfully engaged local social media influencers, creating a significant online and offline buzz, which resulted in increased foot traffic and sales performance [1][7] Group 1: MR Technology Application - The pop-up store utilized cutting-edge MR technology to enhance jewelry display and interaction, allowing consumers to experience a virtual interaction with Tang Dynasty characters [3][6] - This innovative approach transformed traditional static jewelry displays into dynamic experiences, elevating consumer engagement and purchase intent [6] Group 2: Localized Marketing Strategy - The brand strategically collaborated with influential local KOLs to create relatable and trustworthy content, ensuring effective communication with the target audience [7] - The online buzz generated by these collaborations led to trending topics on social media, significantly amplifying the event's reach across 21 cities in the Greater Bay Area [7] Group 3: Sales Performance - The pop-up store achieved a remarkable 220% year-on-year sales growth during the two-week event, demonstrating the effectiveness of the marketing campaign in enhancing brand visibility and driving sales [10] - The combination of innovative experiences, cultural depth, and quality service created a comprehensive consumer engagement loop, resulting in a successful conversion of online interest to offline sales [10] Group 4: Future Implications - The collaboration between the jewelry brand and the cultural IP exemplifies a new marketing model that integrates cultural elements, advanced technology, and localized social media strategies [16] - The success of this initiative serves as a reference for the jewelry industry to explore new marketing paradigms that focus on immersive consumer experiences and effective online-offline integration [16]

Group 1 - The international gold price is reported at $4509.3 per ounce, while palladium is at $1815.5 per ounce and silver at $79.9 per ounce as of January 11 [1] - Domestic gold prices are quoted at ¥1011.5 per gram [1] Group 2 - Major domestic gold retailers have varying prices, with Chow Sang Sang at ¥1410 per gram being the highest and China Gold at ¥1372 per gram being the lowest [1] - Other notable prices include: - Chow Tai Fook, Liufuk Jewelry, and King of Gold all at ¥1406 per gram - Lao Miao at ¥1407 per gram - Lao Feng Xiang at ¥1399 per gram - Zhou Sixi at ¥1391 per gram [1]

Group 1: Domestic Gold Prices - Domestic gold prices have seen a significant increase, with major brands like Chow Tai Fook, Chao Hong Ji, and Zhou Da Sheng all priced at 1390 yuan per gram, leading the market [1] - Shanghai China Gold has rebounded strongly to 1360 yuan per gram, moving away from its previous low, while the price gap between the highest (Cai Bai at 1358 yuan) and lowest has narrowed to 32 yuan per gram [1] - The overall price range in the market has clearly shifted upwards, with various brands showing consistent increases in their gold prices [1] Group 2: Platinum Prices - Platinum prices have also risen, surpassing 900 yuan per gram, with Chow Tai Fook's platinum jewelry priced at 905 yuan per gram, reflecting a 36 yuan increase [1] Group 3: Gold Recycling Prices - The gold recycling prices have continued to rise, with significant discrepancies among different brands; for instance, the recycling price for gold is 993.40 yuan per gram, while Cai Bai is at 969.60 yuan per gram [2] Group 4: International Gold Prices - The spot gold price opened high and reached a peak of 4455.39 USD per ounce, closing at 4448.09 USD per ounce, marking a 2.67% increase [4] - As of the latest update, spot gold is reported at 4462.73 USD per ounce, with a 0.33% increase [4] - The surge in gold prices is attributed to rising market risk aversion due to U.S. military actions in Venezuela and weak U.S. economic data, which has bolstered expectations for a Federal Reserve rate cut [4] - The U.S. ISM manufacturing PMI fell to 47.9, below market expectations, indicating a continued contraction in the manufacturing sector [4]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 六福集團(國際)有限公司 呈交日期: 2026年1月5日 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00590 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | HKD | | | 0.1 HKD | | 80,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 800,000,00 ...

Core Viewpoint - Citi has initiated a 30-day upward catalyst observation for Luk Fook Holdings (00590), anticipating enhanced operational data for Q3 of FY2026 to be released in January [1] Group 1: Sales Performance - Strong sales momentum observed in October and November is expected to continue into December [1] - The adjustment of the value-added tax policy is projected to positively impact gross margins in the second half of FY2026 and the first half of FY2027 due to robust sales growth [1] Group 2: Profit Forecasts - Citi has raised its net profit forecasts for Luk Fook for FY2026, FY2027, and FY2028 by 5%, 5%, and 2% respectively [1] - The current valuation at a price-to-earnings ratio of 7.3 times and a dividend yield of 6.2% is considered attractive [1] Group 3: Store Performance - An increase in fixed gold product prices in late December last year is expected to boost sales before the price hike takes effect [1] - Same-store sales growth for franchise stores is anticipated to exceed 20% in December, while self-operated stores are expected to surpass 5% [1] - Franchise same-store sales growth is projected to accelerate from 27% in Q2 to over 30%, while self-operated stores are expected to increase from 3% to over 10% [1]