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Chow Tai Fook Clarifies Related Party Transactions in Annual Report 2024

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Chow Tai Fook Clarifies Related Party Transactions in Annual Report 2024

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Chow Tai Fook Jewellery Group ( (HK:1929) ) has provided an update.

Chow Tai Fook Jewellery Group Limited has issued a supplemental announcement to its Annual Report 2024, clarifying certain related party transactions. The company has provided additional information regarding concessionaire fees and franchise sales, stating that these do not constitute connected transactions under the Listing Rules. Other related party transactions are either exempt or non-exempt connected transactions, and the company has complied with the necessary disclosure requirements. This announcement does not affect any other information in the Annual Report 2024.

The most recent analyst rating on (HK:1929) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Chow Tai Fook Jewellery Group stock, see the HK:1929 Stock Forecast page.

More about Chow Tai Fook Jewellery Group

Chow Tai Fook Jewellery Group Limited is a leading company in the jewellery industry, primarily engaged in the design, manufacture, and retail of jewellery products. The company is known for its extensive market focus, catering to a diverse range of customers with its high-quality jewellery offerings.

YTD Price Performance: 66.12%

Average Trading Volume: 21,546,363

Technical Sentiment Signal: Buy

Current Market Cap: HK$111.7B

Find detailed analytics on 1929 stock on TipRanks’ Stock Analysis page.

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