13 June 2025 | 12:31AM HKT Chow Tai Fook Jewellery Group (1929.HK): First Take: 2HFY25 div miss; FY26 OP guidance slightly behind; still negative QTD tracking; Neutral Chow Tai Fook announced its FY3/25 annual results (full year ending Mar-25) and hosted a briefing on June 12. In short, FY25 dividend payout, QTD tracking and FY26 OP guidance came in weaker than market expected. FY26 topline/SSSG target of LSD-MSD%/MSD% growth could be under pressure considering still negative Apr-May SSSG despite an easy ba ...