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CICC: Focus on the growth of weight-based Gold jewelry starting from the second quarter and the opportunity for valuation recovery.
Traditional Gold and IP co-branded products are mostly priced at a fixed price, with a low frequency of price adjustments, and they benefit more from the rising gold prices.
Hong Kong Stock Announcement Gold Mining | China United Network Communications (00762) released its Q1 2025 performance, with a profit attributable to shareholders of 5.93 billion yuan, an increase of 5.6% year-on-year.
GRANDPHARMA (00512): The global innovative radioactive nuclide-conjugated drug GPN02006 has achieved a milestone breakthrough in clinical research conducted in China.
Orient: Consumer stimulus policies have been implemented, and the consumer sentiment among residents has significantly rebounded.
The trend of Consumer recovery is good, the momentum of online retail continues to be released, and the increase in Trade volume in the e-commerce Industry is strongly supported, maintaining a Bullish rating for the Industry.
LUK FOOK HOLD (00590) fourth quarter overall retail value and retail revenue year-on-year change remained roughly stable.
LUK FOOK HOLD (00590) announced its retail sales performance for the fourth quarter of the fiscal year ending March 31, 2025...
LUK FOOK HOLD (00590.HK) had a net decrease of 56 stores in the fourth quarter.
On April 17, Gelonghui reported that LUK FOOK HOLD (00590.HK) announced that the group's performance in the fourth quarter outperformed the first three quarters in all regions. The mainland China market has fully turned positive, with retail value, retail income, and same-store sales increasing by +1%, +20%, and +2%, respectively. The group's overall retail value and retail income in the fourth quarter remained roughly stable, at -2% and -1%, respectively. Under the successful strategy of gradually replacing diamond products with gold products, sales of the group's priced jewelry products reversed the downward trend, with same-store sales growing by 12%. In the fourth quarter, the group experienced a net decrease of 56 stores, and the overall pace of store adjustments has eased compared to the first three quarters.
Express News | Luk Fook Holdings International - Qtrly Mainland China Market Same Store Sales +2%
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