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]
港股异动 | 六福集团(00590)涨超4% 机构预计零售商可受惠金价上涨 将公司列为首选股