Major changes in Chow Tai Fook: CTF Capital transfers 54% equity in Chow Tai Fook Jewelry to Chow Tai Fook Enterprises

Chow Tai Fook's internal equity structure has undergone significant changes, with Chow Tai Fook Capital, under the Cheng family, transferring its 54% stake in Chow Tai Fook Jewellery to Chow Tai Fook Enterprises. This move aims to strengthen the capital structure of the Chow Tai Fook group, unlock business value, and lay the foundation for the continued stable growth of various businesses. The latest quarterly data from Chow Tai Fook Jewellery shows that same-store sales in mainland China grew by 7.6%, while Hong Kong and Macau grew by 6.2%. However, same-store sales volume in mainland China declined by 8.6%, and in Hong Kong and Macau, it decreased by 10%