Chow Tai Fook (01929.HK) Hot Stock Analysis: Earnings Preview, Strategic Transformation and Market Performance

This analysis is based on information from the Tushare DC Hot List (East Money App Hong Kong Stock Popularity List)[0]. Chow Tai Fook (01929.HK) has recently become a hot spot in the Hong Kong stock market. The company is scheduled to release its Q1 FY2026 results on November 25, 2025[0]. Its share price rose 99.4% in H1 2025, ranking first among Hang Seng Index components[1]. Key highlights include earnings expectations, strategic transformation and ESG performance, while facing industry challenges such as gold price volatility.

1. Performance and Financial Results
   • About to release Q1 FY2026 financial report (September-November 2025), with market focus on revenue, profit and same-store sales growth[0].
   • Full-year FY2025 shareholder profit was HK$5.9155 billion, with a final dividend of HK$0.32 plus an interim dividend of HK$0.20[0].
2. Strategic Transformation
   • Store Expansion
     : As of September 2025, net new stores increased by 4%, and same-store sales grew by 1%[0].
   • Digitalization
     : Optimize online channels (e-commerce/mini-programs), upgrade smart stores (virtual try-on, etc.), and data-driven marketing[0].
   • Product Innovation
     : Launch youth-oriented series and IP collaborations to attract young consumers[0].
3. ESG Performance
   • Won the “Outstanding ESG Enterprise Award” and sustainability certifications, integrating environmental protection, social responsibility and governance[0].
4. Market Performance
   • Share price surged 99.4% in H1 2025, far exceeding the Hang Seng Index’s 20% increase[1]; stable dividend policy and share repurchases enhanced market confidence[0].

• Digital transformation and youth-oriented strategy are expected to drive long-term growth, but need to pay attention to the pace of short-term consumption recovery[0].
• Outstanding ESG performance aligns with global sustainable development trends and enhances brand value[0].
• Strong share price performance is related to earnings expectations, dividend policy and market sentiment[1].

• Risks
  : Gold price volatility (impacting gross margin), weak consumption (non-essential consumer demand), intensified industry competition[0].
• Opportunities
  : Store expansion (Mainland China/Southeast Asia), improved digital efficiency, ESG dividends[0].

As a Hong Kong stock market hot stock, Chow Tai Fook (01929.HK) performed strongly in H1 2025, with strategic transformation and ESG as long-term drivers. The upcoming Q1 financial report will verify short-term operating conditions; investors need to balance earnings expectations and industry risks[0][1]