ZHOU LIU FU (06168) surged 13.33% in early trading, closing at HK$48.80 with a turnover of HK$115 million.

In the first half of this year, ZHOU LIU FU achieved revenue of 3.15 billion yuan, representing a year-on-year increase of 5.2%, while net profit attributable to shareholders reached 415 million yuan, up 11.9% year-on-year. The company stated that as gold prices have continued to rise in recent years, it has begun exploring lighter and more fashionable product designs. Through strategies such as IP collaborations and accessories combining gold with other materials, the company aims to amplify the composite attributes of its products and brand, bringing higher customer stickiness, gross profit margins, and profitability.

Additionally, Hang Seng Indices Company previously announced quarterly review results showing that ZHOU LIU FU has been included in the Hang Seng Composite Index, with the changes to be implemented after market close on September 5 and take effect from September 8. According to research, ZHOU LIU FU may potentially be added to Stock Connect as it meets a series of criteria including market capitalization, liquidity, and listing duration requirements.