[ET Net News Agency, 9 May 2025] Daiwa raised the target price for Chow Tai Fook (01929) to HKD13 from HKD11 and maintained the "buy" rating.
The research house said it raises FY25-27E EPS by 8-10% as it factors in the continued rally in gold prices as well as a faster mix-change towards fixed-price gold products. (rc)
The research house said it raises FY25-27E EPS by 8-10% as it factors in the continued rally in gold prices as well as a faster mix-change towards fixed-price gold products. (rc)