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16548 CI-CTFJ@EC2603A (CALL)
RT Nominal down0.365 -0.010 (-2.667%)

17/06/2025 14:31

{I-bank focus}UBS raises Chow Tai Fook (01929) to HKD16

[ET Net News Agency, 17 June 2025] UBS raised the target price for Chow Tai Fook (01929)
to HKD16 from HKD12 and maintained the "buy" rating.
The research house said it expects FY26E EPS to increase 51% YoY on less gold loan
losses, and on a 9% FY26-28E EPS CAGR supported by brand transformation and product
upgrade. (rc)

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