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CHOW TAI FOOK JEWELLERY - CJEWF STOCK NEWS

Welcome to our dedicated news page for CHOW TAI FOOK JEWELLERY (Ticker: CJEWF), a resource for investors and traders seeking the latest updates and insights on CHOW TAI FOOK JEWELLERY.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CHOW TAI FOOK JEWELLERY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CHOW TAI FOOK JEWELLERY's position in the market.

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Chow Tai Fook Jewellery Group sponsors the prestigious Paris 100 event, celebrating Chinese-French cultural ties and promoting Chinese craftsmanship globally. The event marks the 60th anniversary of China-France cultural exchange and the countdown to the 2024 Paris Olympics. The sponsorship showcases the Group's commitment to cultural exchange and art appreciation, reinforcing its vision as the leading global jewellery brand.
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Chow Tai Fook Jewellery Group celebrates its 95-year legacy of trust and craftsmanship with a brand transformation journey. The Group aims to be the leading global jewellery brand, upholding Chinese culture and craftsmanship. They are refreshing their retail presence, launching a new logo, and introducing a commemorative Rouge Collection. The Group is also committed to sustainability initiatives and shaping a sustainable future.
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Chow Tai Fook Jewellery experienced a 12.4% growth in Retail Sales Value in 4QFY2024, driven by festive demand and a transition to higher value growth. Mainland China saw a 12.4% RSV increase due to strong festive demand and successful product launches. Franchised stores in Mainland China grew by 18.3%. Hong Kong, Macau, and other markets saw a 12.8% RSV growth. Digital engagement and online sales contributed significantly. Gold jewellery demand remained strong with a focus on zodiac-themed products. Chow Tai Fook remains on track in transitioning to higher value growth.
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Chow Tai Fook Jewellery Group Limited (SEHK stock code: 1929) announced a 46.1% growth in Retail Sales Value during 3QFY2024, driven by strong festive demand in Mainland China and Hong Kong and Macau. Same Store Sales increased by 66.6% in Hong Kong and Macau and 22.7% in Mainland China, with positive responses to new product launches and a transition to fixed pricing for selective gold jewelry products.
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Chow Tai Fook Jewellery Group Limited (1929:SEHK) announces FY2024 interim results, with revenue increasing by 6.4% to HK$49,526 million, core operating profit growing by 37.7% to HK$5,989 million, and profit attributable to shareholders rising by 36.4% to HK$4,551 million. The company's strategic priorities, including brand revamp, product optimization, digitalization, operational efficiency, and talent cultivation, have led to notable progress and sustainable long-term stakeholder value creation.
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Chow Tai Fook Jewellery Group Limited has published its first-ever '2023 Jewellery Consumer Trends Report' highlighting the market opportunity for natural diamonds and pure gold in China. The report indicates a positive outlook for China's jewellery industry, with 61% of consumers surveyed wearing pure gold jewellery as daily accessories and 74% regarding natural diamonds as more valuable compared to lab-grown diamonds. The report also emphasizes the emotional value of natural diamonds and the appeal of pure gold jewellery for Chinese traditions and culture.
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Chow Tai Fook Jewellery delivers strong sales growth in second quarter FY2024, on track in transition to higher value growth
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CHOW TAI FOOK JEWELLERY

OTC:CJEWF

CJEWF Rankings

CJEWF Stock Data

15.98B
2.24B
82.63%
4.63%
Beer, Wine, and Liquor Stores
Retail Trade
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United States of America
Central