CHOW TAI FOOK (01929) has surged over 3%, currently up 3.17% at HKD 16.91, with a trading volume of HKD 186 million. According to reports, on October 20, CHOW TAI FOOK Jewelry announced plans to increase retail prices of its priced gold products by the end of October, due to the ongoing rise in gold prices impacting costs, with expected price increases ranging from 12% to 18% for most products. Earlier, on October 17, CHOW TAI FOOK disclosed its unaudited key operating data for the three months ending September 30, 2025. During this period, the company's retail value grew by 4.1%. Notably, retail value growth for priced gold products surged by 43.7% year-on-year. Overall, the company's retail value increased by 4.1% year-on-year, with mainland market retail value rising by 3%, while retail values in Hong Kong, Macau, and other markets grew by 11.4%. Huatai Securities believes that same-store sales growth across different regions and product categories turned positive during the quarter, primarily driven by strong sales of priced gold and gold-set products, along with a low base effect. As the second half of the fiscal year approaches the peak season for gold jewelry consumption, and with the group's ongoing focus on iconic series and steady channel optimization, the firm maintains a positive outlook on CHOW TAI FOOK's fundamentals and retains a "buy" rating.