Zhi Tong Cai Jing·2026-01-05 03:57Group 1 - Chow Tai Fook (01929) saw its stock price increase by nearly 7% during trading, closing at HKD 13.09 with a transaction volume of HKD 158 million [1] - The company announced a price increase for some products effective December 19, marking the third price adjustment in 2023, with previous increases in March (10%-20%) and October (12%-18%) [1] - Citigroup initiated a 30-day upward catalyst observation for Chow Tai Fook, predicting strong operational performance for Q3 of FY2026 to be announced in January, and raised same-store sales growth guidance [1] Group 2 - Following strong performances in October and November, Citigroup expects the rise in fixed-price gold product prices to sustain same-store sales growth in December [1] - The unexpected strong sales following the adjustment of the value-added tax policy is anticipated to positively impact the group's gross margin for the second half of FY2026 and the first half of FY2027 [1]