Chow Tai Fook rediscovers gold in convertible bonds
The fundraising, even as the Hong Kong jeweler has sufficient financial resources to run its current operation, could hint at plans for its next growth phase Key Takeaways: Chow Tai…
BRIEF: Luk Fook Holdings fiscal year profit drops 40%
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) announced on Tuesday that it expects to report its net profit fell by 40% year-on-year in its fiscal year through March 2025.…
BRIEF: Luk Fook’s revenue, same-store sales fall in March quarter
Jewelry store operator Luk Fook Holdings (International) Ltd. (0590.HK) said last Thursday its retailing revenue fell 1% in the three months to March year-on-year, while its same-store sales fell 10%…
FAST NEWS: High gold prices dampen Luk Fook’s business
The Latest: Jeweler Luk Fook Holdings (International) Ltd. (1361.HK) said on Thursday its retailing revenue in the second quarter of its fiscal year through September fell 25% year-on-year, citing a high base effect…
Rising gold prices take the shine off Chow Sang Sang
The jewelry chain warned its profit fell 40% in the first half of the year, as surging gold prices eroded demand for gold accessories Key Takeaways: Chow Sang Sang said…
Once branded a copycat jeweler, Zhou Liu Fu seeks gold in Hong Kong
The company, whose name resembles two popular Hong Kong rivals, has filed for a Hong Kong IPO after its application to list on China’s A-share market went nowhere Key Takeaways:…
FAST NEWS: Luk Fook Group’s 1,800 customers’ data stolen
The Latest: Luk Fook Group Holdings (International) Ltd. (0590.HK) announced Friday that attempts of unauthorized access to the company’ss database had occurred, about 1,800 Hong Kong customer records with partial…
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