Group 1 - Company shares of Chow Tai Fook (06168) rose by 8.31% to HKD 43.80 with a trading volume of HKD 88.78 million [1] - The company announced the issuance of 8.0743 million H-shares at HKD 24.00 per share due to the full exercise of the over-allotment option on July 28 [1] - Chow Tai Fook plans to hold a board meeting on August 22 to approve its interim results [1] Group 2 - According to Frost & Sullivan, Chow Tai Fook has maintained its position among the top five jewelry brands in China for eight consecutive years based on the number of stores [1] - As of December 31, 2024, the total number of Chow Tai Fook stores is expected to reach 4,129, with approximately 98% being franchise stores and 55.1% located in third-tier and lower-tier cities, indicating deep market penetration [1] - The franchise business operates on a dual model of "product sales + service fees," with service fees expected to account for 29.4% of total revenue from franchise stores in 2024, achieving a gross margin of 97.1% on service fees, which drives the overall gross margin of the company to 25.9%, significantly outperforming peers [1]
周六福早盘涨超8% 公司将于下周五发布中期业绩