Group 1: Company Performance - Best Buy reported Q3 revenue of $9.67 billion, a year-over-year increase of 2.7%, with adjusted diluted EPS of $1.40 compared to $1.26 in the same period last year [1] - RoboSense achieved total revenue of approximately 407 million yuan in Q3, with LiDAR sales volume increasing by 34.0% year-over-year [2] - Alibaba's instant retail business generated revenue of 22.906 billion yuan in Q2 of FY2026, marking a 60% year-over-year growth [3][5] - Xiaomi repurchased 2.5 million shares for over 100 million HKD, with a total of 24 million shares repurchased this month [4] - NIO reported Q3 revenue of 21.79 billion yuan, a 16.7% year-over-year increase, with vehicle deliveries reaching 87,071 units, up 40.8% [8] - Zhihu's Q3 revenue was 659 million yuan, with a non-GAAP operating loss narrowing by 16.3% year-over-year [11] Group 2: Market Developments - Nokia announced its intention to delist from the Paris Stock Exchange, effective December 31, 2025 [2] - The Singapore National AI Program has shifted from using Meta's model to Alibaba's Qwen open-source architecture [13] - The U.S. investment consulting firm predicts that TSMC's market value could surpass Apple's by 2030, driven by AI demand [16] Group 3: New Products and Innovations - Huawei officially launched its first Harmony OS 2-in-1 tablet, the MatePad Edge, starting at 5,999 yuan [15] - Tuya Smart reported Q3 revenue of $82.5 million, marking the ninth consecutive quarter of year-over-year growth [6]

Core Insights - Chow Tai Fook Jewelry Group Limited reported a revenue of HKD 38.986 billion for the first half of the 2026 fiscal year, a year-on-year decrease of 1.1% [1] - Operating profit increased by 0.7% to HKD 6.823 billion, while profit attributable to shareholders rose by 0.1% to HKD 2.534 billion [1] - The company declared an interim dividend of HKD 0.22 per share for the reporting period [1] Sales Performance - Same-store sales in mainland China increased by 2.6%, while franchise retail points saw a growth of 4.8% [1] - Same-store sales in Hong Kong and Macau rose by 4.4%, driven by improved retail consumption and increased foot traffic [1] - Hong Kong's same-store sales grew by 1.8%, while Macau experienced a significant increase of 13.7% [1] Product Strategy - Chow Tai Fook optimized its product mix, with the retail value contribution of priced jewelry in mainland China rising from 27.4% to 31.8% [2] - Iconic product series achieved total sales of HKD 3.4 billion, up from HKD 2.3 billion in the previous year [2] - The company expanded its jade product offerings, launching new series and collaborations, resulting in a year-on-year doubling of jade jewelry sales [2] Store Expansion - The company opened three new flagship stores in Beijing, Shijiazhuang, and Macau during the reporting period, totaling eight new flagship stores as of September 30, 2025 [2] - Chow Tai Fook plans to open six new stores in international markets by June 2026, including new flagship stores [2] - The first new flagship store in Southeast Asia was opened at Changi Airport in Singapore in October [2]

2025/2026 INTERIM RESULTS INVESTORS PRESENTATION 2025.11.25 1H2026 HIGHLIGHTS Solid trajectory with sustained profitability | Revenue | | | Gross profit margin | | | --- | --- | --- | --- | --- | | HK$38,986 | million | On constant fx | 30.5% | 1H2025 31.4% | | 1.1% | | 0.5% | | | | Operating profit | | | Operating profit margin | | | HK$6,823 | million | 0.7% | 17.5% | 1H2025 17.2% | | Profit attributable to shareholders | | | Dividend per share | | | HK$2,534 | million | 0.1% | HK$0.22 | Payout ratio 85.7 ...

(周大福珠宝集团财报) 据周大福珠宝集团截至2025年9月30日的2026财政年度上半年业绩显示，受益于消费气氛改善及珠宝市 场回暖，期内集团营业额389.86亿港元，经营溢利同比增长0.7%至68.23亿港元，经营溢利率扩阔30个 基点至17.5%，创近五年新高；股东应占溢利维持25.34亿港元，董事局宣派中期股息每股0.22港元，派 息率约85.7%。 渠道方面，集团在北京、石家庄、澳门等地新增3间新形象店，累计达8间，其月销售额持续高于同区平 均水平。国际扩张稳步推进，新加坡星耀樟宜机场新形象店已开业，未来计划于东南亚、大洋洲、加拿 大及中东等市场进一步布局，2026年6月前将在国际市场新增6间门店。 集团将持续动态优化经营策略，主动适配复杂多变的市场格局，巩固行业领先地位。未来将始终坚守严 谨的财务纪律，通过审慎的成本管控与资本配置，为实现可持续优质盈利、创造长期稳定的股东价值提 供坚实支撑。 业务层面，集团品牌转型与门店优化策略成效显著，核心市场同店销售全面回升：内地直营零售点同店 销售增长2.6%，加盟零售点增长4.8%；港澳地区同店销售上升4.4%，其中澳门增幅达13.7%。产品组合 持续优化， ...

Core Insights - The Group demonstrated remarkable resilience in the first half of FY2026, delivering solid results supported by improved consumer sentiment and a revival in jewellery spending across key markets [1] - Steady progress was made in brand transformation, as well as store and product optimisation during the period [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,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因本公告 全部或任何部份内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。 本公告僅作參考用 途,並不 構 成 要 約 出 售 或 招 攬 要 約 購 買 任 何 證 券,而 本 公 告 或 其 所 戴 內 容 亦 不 構 成 任 何 合 約 或 承 諾 之 基 準 。 本 公 告 或 其 任 何 副 本 不 得 攜入美國或於該地分發。 本公告所載資料不會於美國或其境內直接或間接分發。本公告並不構成或組 成 於 美 國 購 買 或 認 購 證 券 之 任 何 要 約 或 招 纜 之 一 部 分 。本 公 告 所 述 之 新 股 份 及 債 券 並 未 亦 將 不 會 根 據 證 券 法 登 記 · 且 除 非 已 根 據 證 券 法 之 登 記 規 定 登 記 或獲豁免登記,否則將不得於美國提呈發售或出售。新股份或債券將不會於 美國公開發售。 CHOW TAI FOOK JEWELLERY GROUP LIMITED ...

Core Viewpoint - Chow Tai Fook (01929) reported a stable performance for the six months ending September 30, 2025, with a slight decrease in revenue but an increase in profit attributable to shareholders, indicating resilience in the jewelry market amid improving consumer sentiment [1] Financial Performance - The company achieved a revenue of HKD 38.986 billion, a year-on-year decrease of 1.07% [1] - Profit attributable to shareholders was HKD 2.534 billion, a slight increase of 0.16% compared to HKD 2.53 billion in the same period last year [1] - Earnings per share stood at HKD 0.26, with an interim dividend of HKD 0.22 per share [1] Market Conditions - The company benefited from improved consumer sentiment and a recovery in jewelry consumption in key markets during the first half of the 2026 fiscal year [1] - The gross profit margin remained above 30%, supported by higher contributions from high-margin priced jewelry and rising gold prices, reflecting a historically high level [1] Operational Efficiency - Operating profit showed resilience with a year-on-year growth of 0.7% [1] - The ratio of selling and administrative expenses improved, leading to an expansion of the operating profit margin by 30 basis points to 17.5%, marking a five-year high [1]

Core Viewpoint - Chow Tai Fook (01929.HK) reported a slight decline in revenue but demonstrated resilience with stable profits, attributed to improved consumer sentiment and strategic brand transformation efforts [1][2]. Financial Performance - For the six months ending September 30, 2025, the company recorded a revenue of HKD 38.986 billion, a decrease of 0.5% year-on-year [1]. - Operating profit reached HKD 6.823 billion, reflecting a year-on-year increase of 0.7% [1]. - Shareholder profit amounted to HKD 2.534 billion, up 0.1% compared to the previous year [1]. - The company proposed an interim dividend of HKD 0.22 per share [1]. Market and Sales Insights - The group experienced a recovery in same-store sales in mainland China and Hong Kong-Macau markets, indicating the effectiveness of their focus on store productivity optimization [1]. - The total sales of the key signature pricing product series reached HKD 3.4 billion, with the contribution of priced jewelry to retail value in the mainland market increasing from 27.4% to 31.8% year-on-year [2]. - The launch of the high-end jewelry series "He Mei Dong Fang" in June marked a significant milestone in the brand's transformation, reinforcing Chow Tai Fook's position as a leading global jewelry brand [2].

Core Viewpoint - Chow Tai Fook (01929) announced a mid-term dividend of HKD 0.22 per share, payable on December 24, for the six months ending September 30, 2025 [1] Summary by Category - **Dividend Announcement** - Chow Tai Fook will distribute a mid-term dividend of HKD 0.22 per share [1]

EF001 免責聲明 | 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，概不對因 公告全部或任何部份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。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 周大福珠寶集團有限公司 | | 股份代號 | 01929 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年9月30日止六個月的中期股息 | | 公告日期 | 2025年11月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2026年3月31日 | | 宣派股息的報告期末 | 2025年9月30日 | | 宣派股息 | 每 股 0.22 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.22 HKD | | 匯率 | 1 HKD : 1 HKD ...