（文章来源：第一财经） 周大福披露业绩，集团2025年第三季度零售增长17.8%，其中中国内地零售增长16.9%，同店销售增长 21.4%。 ...

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 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。 CHOW TAI FOOK JEWELLERY GROUP LIMITED ক๔⺼⤍ᄣ䯳ᰶ䭽ڙथ 喍䪸ᰩ㓑ሣ㽨ڷ⮱⿸ᰶ䭽ڙथ喎 㗎ЪА㮌: 1929 截 至2025年12月31日 止 三 個 月 未 經 審 核 主 要 經 營 數 據 周 大 福 珠 寶 集 團 有 限 公 司（「本 公 司」）連 同 其 附 屬 公 司（「本 集 團」）謹 此 宣 佈 本 集 團 截 至2025年12月31日 止 三 個 月（「第 三 季 度」或「季 內」）若 干 未 經 審 核 主 要 經 營 數 據。本 公 告 所 載 的 未 經 審 核 主 要 經 營 數 據 應 與 本 公 司 的2025/2026中 期 報 告 一 併 閱 覽。 ...

| 股票名称 | 沽空金额↓ | 沽空比率 | 偏离值 | | --- | --- | --- | --- | | 泡泡玛特(09992) | 10.08 亿元 | 17.14% | -7.69% | | 小米集团-W(01810) | 8.25 亿元 | 10.26% | -11.52% | | 美团-W(03690) | 7.77 亿元 | 17.49% | 1.85% | | 中国人寿(02628) | 7.18 亿元 | 23.90% | 3.47% | | 洛阳钼业(03993) | 6.87 亿元 | 35.31% | 21.99% | | 百度集团-SW(09888) | 6.24 亿元 | 21.01% | -5.12% | | 阿里巴巴-W(09988) | 6.13 亿元 | 6.91% | -7.34% | | 比亚迪股份(01211) | 4.97 亿元 | 20.25% | 0.39% | | 腾讯控股(00700) | 4.79 亿元 | 3.27% | -7.53% | | 中国平安(02318) | 3.47 亿元 | 16.40% | -12.96% | 前十大沽空偏离值排行 ...

Group 1 - The core point of the article is the significant increase in gold prices, with major brands in the industry collectively raising their prices for gold jewelry, reflecting broader market trends and economic factors [1][2][3] - On January 19, 2025, the price of gold jewelry rose sharply, with notable increases across various brands, indicating a collective industry response to market conditions [1] - The underlying logic for the surge in gold prices is attributed to global liquidity expansion and the depreciation of the US dollar, with central banks, particularly in China, increasing their gold reserves [3][4] Group 2 - Geopolitical tensions and supply-demand imbalances are accelerating the gold price rally, with recent conflicts impacting market sentiment and supply constraints [4] - The demand for gold is shifting, with investment demand surpassing decorative demand for the first time in China, indicating a fundamental change in consumer behavior and market dynamics [8] - Analysts predict that gold prices will continue to rise, driven by macroeconomic conditions, supply-demand tightness, and geopolitical factors, making high volatility a new norm in the market [4][7]

Group 1 - On January 19, international gold and silver prices reached historical highs, with spot gold surpassing $4690 per ounce, marking a daily increase of over 2% [1]. - Spot silver prices also broke the $94 per ounce mark [1]. Group 2 - Domestic gold jewelry prices have seen significant increases, with various brands reporting price hikes: Lao Miao gold at 1459 yuan per gram (up 24 yuan), Chow Sang Sang at 1451 yuan (up 22 yuan), and Lao Feng Xiang at 1456 yuan (up 20 yuan) [3]. - Chow Sang Sang initiated a price adjustment on January 16, with increases ranging from hundreds to tens of thousands of yuan, including a pendant that rose by 19,000 yuan [5]. - The overall price increase for fixed-price products is between 10% to 20%, with some brands continuing to adjust prices in response to rising gold prices [7]. - The price of Chow Sang Sang's gold jewelry has increased by 98 yuan per gram since early January [9].

1月19日，现货黄金一度站上4690美元/盎司，创历史新高。国内黄金饰品价格对比显示，多家黄金珠宝品牌公布的境内足金首饰价格大涨： 来源：第一财经 马斯克，索赔1340亿美元 老凤祥报价1456元/克； 老庙黄金报价1459元/克； 周生生报价1451元/克； 周大福报价1455元/克。 ■ i 更多财经资讯等你来看 往期推荐 机器人将再度登上央视春晚！ N # 啊 _ | 关注" 新华网财经 "视频号 ...

Core Viewpoint - The international gold market experienced a significant surge on January 19, with spot gold reaching a historical high of $4690 per ounce, marking a daily increase of over 2% [1]. Price Movements - As of January 19, 10:45 AM, spot gold was priced at $4659 per ounce, while COMEX gold futures were at $4667 per ounce, maintaining a position in the historical high range [1]. - The current prices and changes for gold and silver are as follows: - London Gold: $4658.996, up $63.481 (1.38%), year-to-date increase of 7.89% [2] - London Silver: $92.817, up $2.683 (2.98%), year-to-date increase of 29.67% [2] - COMEX Gold: $4667.1, up $71.7 (1.56%), year-to-date increase of 7.73% [2] - COMEX Silver: $93.125, up $4.588 (5.18%), year-to-date increase of 31.20% [2] Domestic Market Response - The surge in international gold prices has led to domestic gold jewelry brands adjusting their prices to historical highs. Notable price changes include: - Lao Miao Gold: 1459 CNY/gram, up 24 CNY/gram from the previous day - Lao Feng Xiang: 1456 CNY/gram, up 20 CNY/gram - Chow Tai Fook: 1455 CNY/gram, up 19 CNY/gram - Chow Sang Sang: 1451 CNY/gram, up 15 CNY/gram - Liufu Jewelry and King of Gold: 1453 CNY/gram, up 19 CNY/gram [3]. Market Drivers - The recent price increase is attributed to a combination of short-term geopolitical risks and long-term macroeconomic expectations. Reports indicate that former U.S. President Trump announced plans to impose tariffs on eight European countries starting February 1, which may heighten geopolitical tensions and influence precious metal price volatility [4]. - Analysis from CITIC Futures suggests that the geopolitical tensions and the potential for further tariffs could lead to continued fluctuations in gold prices. Additionally, the appointment of a new Federal Reserve chair and ongoing investigations into Powell may drive "devaluation trades," enhancing gold's monetary attributes [4]. - A deeper analysis from Anyang Futures indicates that the core driving logic in the gold market is the interplay between "delayed policy easing expectations" and "persistent inflation realities." Market expectations for interest rate cuts by major central banks, particularly the Federal Reserve, contrast with sticky inflation data that limits rapid shifts to easing [5]. - The ongoing gold purchasing behavior by central banks, including the People's Bank of China, provides long-term structural support for gold prices. In the short term, gold prices are expected to remain strong amid fluctuating monetary policy expectations and U.S. dollar exchange rate movements [5].

周 大 福 SINCE 1929 今日金价 更新于2026年01月19日 09:46:55 1月19日，现货黄金一度站上4690美元/盎司，创历史新高。国内黄金饰品价格对比显示，多家黄金珠宝品牌公布的境内足金首饰价格大涨： 老凤祥报价1456元/克； 老庙黄金报价1459元/克； 周生生报价1451元/克； 周大福报价1455元/克。 | 5 | 1 | 0 | | | | | --- | --- | --- | --- | --- | --- | | 1 | 11 | 1 | . | 1 | . | 今日金价 名称 价格 (人民币/克) 足金饰品 1459.00 θ金饰品 860.00 工艺金条 1285.00 2026年01月19日 1011元/克 黄金回收服务金价 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 キ 零售金价 活要 1455元/克 ( 饰品、工艺品类 ) 1276元/克 工艺金章金条类 黄金增值服务 黄金增值服务金价 1236元/克 ( 金条、金章不作增值服务) 黄金回收服务 ...

Investment Rating - The report recommends a "Buy" rating for several companies including Shenzhou International, Huayi Group, Anta Sports, and Li Ning, with respective 2026 PE ratios of 12x and 15x for Shenzhou International and Huayi Group [2][9][26]. Core Insights - The textile and apparel industry is experiencing a mixed performance, with some companies showing resilience while others face challenges due to fluctuating orders and profit margins [1][3]. - The report anticipates a cautious improvement in downstream orders for 2026, supported by healthy inventory levels and strong sales performance from certain brands [2][20]. - The sportswear segment is expected to outperform the broader apparel market, driven by strong inventory management and long-term growth potential [3][26]. Summary by Sections Recent Revenue Performance - Several apparel manufacturers reported their 2025 revenue, with Feng Tai Enterprises, Ru Hong, and Yu Yuan Group showing year-on-year changes of -4.5%, +3.2%, and +0.5% respectively for the full year [1][12]. - In December 2025, Feng Tai Enterprises, Ru Hong, and Yu Yuan Group reported monthly revenues down by -0.6%, -3.6%, and -3.7% respectively [1][12]. Industry Outlook - The report indicates a weakening industry sentiment since H2 2025, with Southeast Asia's export performance continuing to surpass that of China [2][17]. - For 2026, the report expects cautious improvements in orders, with a focus on core brand performance and inventory management [20]. Investment Recommendations - Recommended stocks include Shenzhou International and Huayi Group, with Shenzhou International expected to achieve a 10% revenue growth in 2025 and Huayi Group's profits anticipated to recover gradually [2][25]. - Other companies to watch include Wei Xing Co., Kai Run Co., and Jing Yuan International, which are expected to benefit from the anticipated recovery in orders [2][26]. Market Performance - The textile and apparel sector has underperformed compared to the broader market, with the Shanghai and Shenzhen 300 index down by 0.57% while the textile manufacturing sector fell by 0.77% [30].

Core Viewpoint - The article provides an update on the current prices of physical gold in China, indicating stability in the market with slight variations among different retailers and banks [1] Group 1: Retail Gold Prices - Chow Tai Fook and Chow Sang Sang are both offering 24K gold at 1436 CNY per gram, remaining unchanged [1] - Lao Feng Xiang is pricing its gold at 1434 CNY per gram, while Chow Sheng Sheng is at 1431 CNY per gram, showing minor price differences among retailers [1] Group 2: Bank Investment Gold Bars - The prices for investment gold bars at major banks are as follows: China Construction Bank at 1046.3 CNY per gram, Industrial and Commercial Bank of China at 1049.13 CNY per gram, and Bank of China at 1041.78 CNY per gram [1]