On June 5, Chow Tai Fook rose 3.32% in regular trading, trading at 11.79 HKD/share, with trading volume of approximately 73.31 million HKD.

On the news front, the company is scheduled to hold a board meeting on June 11 to review its full-year results and consider a final dividend proposal. The approaching earnings disclosure window has been continuously lifting market expectations. Additionally, the company launched a 5% to 20% price increase on fixed-price gold jewelry starting May 15, with certain products seeing price hikes of up to 15,000 HKD. The pricing strategy is expected to improve gross margin levels.

Previously, the stock had retreated due to operational headwinds including a net closure of 128 stores in mainland China and a 30.9% decline in same-store sales volume, falling to 11.06 HKD on May 28. The current rebound likely reflects a technical recovery from prior oversold levels. Within the Specialty Stores sector, Everest Gold rose 5.13% on the same day, signaling a broader improvement in jewelry sector sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)