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68272 MS#HSI RP2803D (R BEAR)
RT Nominal unchange0.030 0.000 (0.000%)

30/04/2025 14:46

{I-bank focus}Citi raises Chow Tai Fook (01929) to HKD10.2

[ET Net News Agency, 30 April 2025] Citi raised the target price for Chow Tai Fook
(01929) to HKD10.2 from HKD9.9 and maintained the "buy" rating.
The research house said it raises FY25E/26E/27E adjusted net profit (excluding unsettled
gold loan loss) estimate by 19%/11%/4% to reflect higher GPM assumptions given
stronger-than-expected gold price. (rc)

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