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15651 HU-CTFJ@EC2511A (CALL)
RT Nominal down0.580 -0.020 (-3.333%)

09/05/2025 15:23

{I-bank focus}Daiwa raises Chow Tai Fook (01929) to HKD13

[ET Net News Agency, 9 May 2025] Daiwa raised the target price for Chow Tai Fook (01929)
to HKD13 from HKD11 and maintained the "buy" rating.
The research house said it raises FY25-27E EPS by 8-10% as it factors in the continued
rally in gold prices as well as a faster mix-change towards fixed-price gold products.
(rc)

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