On October 12, CHOW TAI FOOK fell 3.04% in regular trading, trading at 10.84 Hong Kong dollars, with Turnover of 69.2482 million Hong Kong dollars. The stock came under pressure after international gold prices retreated from recent highs, weighing on market confidence in the gold jewelry retail sector.

According to market data, gold prices declined by approximately 10% within one month, prompting domestic branded gold jewelry prices to be cut accordingly. Investors grew more cautious about the outlook for gold jewelry sales. Management disclosed that the company engages in the production and sale of gem-set, platinum and K-gold jewelry, and gold jewelry and products, and distributes watches of various brands.

Within the Specialty Stores sector where CHOW TAI FOOK belongs, the overall sector change is negative. Among individual stocks, POP MART down 0.92%, CTG DUTY-FREE down 0.71%, LUK FOOK HOLD down 2.85%, SA SA INT'L flat, and EVEREST GOLD up 0.89%.

(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.)