On August 31, CHOW TAI FOOK fell 3.01% in regular trading, trading at HK$13.2/share, with turnover of approximately HK$37.52 million.

On the news front, international gold prices experienced extreme volatility this past week, plunging from a high near $4,700/oz on August 25 to as low as $4,444.8/oz on August 28 — a single-week decline exceeding $250. Domestic retail gold jewelry prices followed suit sharply, with CHOW TAI FOOK's pure gold ornament list price dropping from 1,410 RMB/gram to 1,348 RMB/gram, a decline of over 4% in just four days.

The broader jewelry sector came under significant pressure. Within the Specialty Stores sector, LUK FOOK HOLD fell 5.70% on the same day, while CTG DUTY-FREE declined 1.90% and POP MART slipped 1.26%. EVEREST GOLD bucked the trend with a 4.46% gain. Previously, Guotai Junan International maintained a Buy rating on CHOW TAI FOOK, citing priced gold jewelry as a driver of same-store sales growth, but acknowledged that sharp short-term gold price swings have notably suppressed market sentiment.

(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.)