On July 28, CHOW TAI FOOK fell 3.02% in regular trading, trading at HKD 12.21/share, with turnover of approximately HKD 48.74 million.

On the news front, Daiwa issued a research note downgrading CHOW TAI FOOK from \"Buy\" to \"Outperform,\" citing unclear gold price direction and likely deceleration in same-store sales growth following a strong FY2027 first-quarter start, while maintaining its target price at HKD 13.70. Separately, CLSA flagged that July store traffic has declined due to adverse weather and World Cup events, maintaining a \"Hold\" rating with a target price of HKD 10.70.

The broader jewelry sector traded weak on the day. Within the Specialty Stores sector, EVEREST GOLD fell 2.22%, LUK FOOK HOLD fell 1.21%, and POP MART declined 1.45%, reflecting subdued industry sentiment despite CHOW TAI FOOK's robust Q1 data showing 15.1% year-over-year retail sales growth and 41.7% same-store sales growth in Hong Kong and Macau.

(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.)