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An announcement from Emperor Watch & Jewellery ( (HK:0887) ) is now available.
Emperor Watch & Jewellery has renewed its consignment agreement with the Yeung Family for 2026-2028, allowing the company to sell consigned items at its retail shops. This agreement is part of the company’s strategy to leverage connected transactions for profitability, with consignment values determined through market-based negotiations. The transactions are subject to specific regulatory requirements but do not require independent shareholder approval. The previous agreement’s annual caps were not exceeded, indicating effective management of consignment transactions.
The most recent analyst rating on (HK:0887) stock is a Hold with a HK$0.28 price target. To see the full list of analyst forecasts on Emperor Watch & Jewellery stock, see the HK:0887 Stock Forecast page.
More about Emperor Watch & Jewellery
Emperor Watch & Jewellery is a company in the luxury retail industry, focusing on high-end watches and jewellery. The company operates retail shops and engages in consignment arrangements to enhance its product offerings.
Average Trading Volume: 12,621,532
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.89B
Learn more about 0887 stock on TipRanks’ Stock Analysis page.