Group 1 - The company reported a strong retail performance in Q2, with overall retail sales increasing by 18% and retail revenue rising by 15% year-on-year, benefiting from a low base effect [1] - Same-store sales improved to +10%, with gold product sales increasing by 6% and jewelry product sales rising by 25%, particularly driven by a 67% increase in same-store sales of gold products [1] - Retail values and revenues in Hong Kong, Macau, and overseas markets rose by 13%, with same-store sales improving to +11%, while the mainland China market saw retail value growth of 20% and revenue growth of 23%, mainly driven by e-commerce [1] Group 2 - The company closed 49 stores in Q2 but opened 8 new overseas stores, marking its entry into the Vietnamese market [2] - In the first two weeks of October, same-store sales across all markets exceeded those of Q2 [2]

Core Insights - The company reported a strong performance in Q2, with overall retail value, retail revenue, and same-store sales increasing by 18%, 15%, and 10% respectively compared to Q1 [1] - The retail value and revenue in Hong Kong, Macau, and overseas markets rose by 13%, while same-store sales improved to a double-digit growth of +11% [1] - The mainland China market showed significant growth, with retail value increasing by 20% and retail revenue by 23%, primarily driven by e-commerce [1] - The company opened 8 overseas stores, marking its first entry into the Vietnamese market [1] Retail Performance - Same-store sales improved to +10% in Q2, with gold product sales increasing by +6% and pricing jewelry products seeing a +25% increase [2] - The same-store sales for priced gold products surged by 67%, while diamond product sales experienced a decline of -10% [2] Store Network - As of September 30, 2025, the company had a total of 3,113 stores globally, with a net decrease of 49 stores in Q2 [3] - The company operates 159 self-owned "Luk Fook Jewelry" stores, distributed across mainland China, Hong Kong, Macau, and overseas [3] - In total, the company has 2,634 "Luk Fook Jewelry" stores worldwide, including 2,458 brand stores in mainland China and 17 overseas [3]

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 日止財政年度第二季度及 10 月首兩周之零售銷售表現 (1) 摘要 | | | 集團整體 | | 香港、澳門及海外 | | 內地 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 零售值 | | +18% (6) | | +13% | | +20% | | | | 產品佔比： | 黃金及鉑金 定價首飾 | ：78% ：22% | 黃金及鉑金 定價首飾 | ：70% ：30% | 黃金及鉑金 定價首飾 | ：80% ：20% | | 零售收入 | | +15% | | +13% | | +23% | | | 同店銷售 | | +10% | | +11% | | +3% | | | 店舖數目 | | 3,113 | | 113 | | 3,000 | | 備註︰ (1) 零售銷售數據已包含集團完成收購金至尊集團後 ...

Group 1 - The chairman of the board, Huang Weichang, increased his stake in Luk Fook Holdings (00590) by purchasing 10,000 shares at a price of HKD 24.48 per share, totaling HKD 244,800 [1] - Following the purchase, the total number of shares held by Huang Weichang is approximately 261 million, representing a holding percentage of 44.39% [1]

智通财经APP获悉，香港联交所最新资料显示，10月9日，董事会主席黄伟常增持六福集团(00590)1万 股，每股作价24.48港元，总金额为24.48万港元。增持后最新持股数目约为2.61亿股，最新持股比例为 44.39%。 ...

截至月份: 2025年9月30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: 2025年10月8日 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 本月底法定/註冊股本總額： HKD 80,000,000 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 | 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 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 587,107,850 | | 0 | | 587,107,850 | | 增加 / 減少 (-) | | | | | | | | | 本月底結存 | | | 587,107,850 | | 0 | | 587,10 ...

Core Points - Liu Fung Group (International) Limited announced that its subsidiary, Guangzhou Victoria Jewelry Testing Co., Ltd. (Guangzhou VGI), has received laboratory accreditation from the China National Accreditation Service for Conformity Assessment (CNAS), allowing it to use the CNAS national recognition mark and ILAC mutual recognition mark [1][2] - The accreditation signifies that Guangzhou VGI meets the international standard ISO/IEC 17025:2017 for jewelry testing, enhancing its credibility and providing consumers with authoritative assurance [1][2] - Liu Fung Group emphasizes its commitment to quality control and plans to continue improving quality standards to boost consumer confidence and contribute to the sustainable development of the jewelry industry [2] Company Overview - Liu Fung Group is a major retailer in Hong Kong and mainland China, founded by a team of jewelry experts, with its first store opening in 1991 [4] - The company was listed on the Hong Kong Stock Exchange in May 1997 and engages in the procurement, design, wholesale, licensing, and retail of various jewelry products [4] - Liu Fung Group operates under multiple brands, including Liu Fung Jewelry, Gold Supreme, and Love LUKFOOK JEWELLERY, with a total of 3,060 retail points across 12 countries and regions [4]

Group 1 - The company has strong product innovation capabilities, with same-store sales continuously recovering and significant overseas expansion potential [1] - The company is expected to achieve revenues of HKD 153.18 billion, 174.18 billion, and 197.52 billion for the fiscal years 2026-2028, representing year-on-year growth of 14.82%, 13.71%, and 13.40% respectively [1] - The projected net profit attributable to shareholders for the same period is HKD 16.02 billion, 18.40 billion, and 20.84 billion, with growth rates of 45.65%, 14.86%, and 13.28% respectively [1] Group 2 - The company operates a total of 3,287 stores globally, including 287 self-operated stores, 2,983 brand stores, and 17 specialty stores, with a significant presence in mainland China [2] - The company plans to enter three new countries and regions and add 50 overseas stores in the next three years, with overseas stores expected to contribute higher revenue and profit than domestic ones [2] - The acquisition of King Fook in January 2024 enhances the company's brand matrix, allowing for better coverage of the affordable luxury market and younger demographics [2]

Group 1 - The core viewpoint of the article highlights that the recent rise in gold prices, exceeding $3,500 per ounce, is positively influencing market sentiment towards gold and jewelry purchases [1] - According to the report from Zhongyin International, consumers are adapting to higher gold prices and are becoming more willing to purchase gold jewelry products [1] - The report anticipates a potential positive cycle in the industry, with increased store productivity possibly leading to store expansions [1] Group 2 - On a company level, Zhongyin International expects retailers to benefit from rising gold prices, which may lead to an expansion in gross margins [1] - However, due to high inventory costs, the significant gross margin expansion seen in the previous year and the first half of this year is unlikely to be repeated [1] - Among the companies covered with a "buy" rating, Six福 Group is expected to be more sensitive to the current bull market cycle due to its high exposure in self-operated retail and markets in Hong Kong, Macau, and overseas, making it a preferred stock [1]

Core Viewpoint - The report from Zhongyin International indicates that the recent rise in gold prices, exceeding $3,500 per ounce, is likely to boost market sentiment towards gold, leading to increased consumer willingness to purchase gold jewelry products [1] Industry Summary - Gold prices reached a new high in early September, which may lead to a positive cycle in the industry as consumers adapt to higher prices [1] - Retailers in the gold jewelry sector are expected to benefit from rising gold prices, potentially leading to an expansion in gross margins, although significant margin expansion seen in the previous year may not be replicated due to high inventory costs [1] - The industry is anticipated to enter a favorable cycle, with improved store productivity possibly driving store expansion [1] Company Summary - Six福集团 (Luk Fook Holdings) has been identified as particularly sensitive to the current bull market cycle due to its high exposure in self-operated retail and markets in Hong Kong, Macau, and overseas [1] - Zhongyin International has listed Six福集团 as a preferred stock among companies rated "Buy," indicating strong potential for the company to benefit from the ongoing market conditions [1]