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]
六福集团涨超4% 机构预计零售商可受惠金价上涨 将公司列为首选股