Core Viewpoint - The announcement of new gold value-added tax regulations by the Chinese government has led to a significant stock price correction for gold and jewelry retailers, although the overall impact on industry profitability is expected to be mild with a projected mid-single-digit decline in earnings per share [1] Company Analysis - The stock price correction is considered excessive, primarily driven by additional factors such as falling gold prices and profit-taking during the U.S. government shutdown [1] - The companies Chow Tai Fook and Luk Fook Jewelry are still viewed positively, with "buy" ratings assigned and target prices set at HKD 17.8 and HKD 23.8 respectively [1] - Anticipated mid-term performance results from both companies are expected to alleviate investor concerns [1]