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Changes in Hong Kong stocks | Chow Tai Fook founded (00659) to open more than 3%, annual net profit increased 11%, final interest of 33 HK cents and paid 10 free 1 bonus stock
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The Zhitong Finance App learned that Chow Tai Fook Chuang (00659) rose more than 3% in early trading. As of press release, it rose 3.61% to HK$8.17, with a turnover of HK$1,547,300.

According to the news, Chow Tai Fook Foundation announced its annual results up to the end of June 2026, with annual revenue of HK$27.0997 billion, up 11.59% year on year; profit attributable to shareholders was HK$2,392.6 billion, up 11% year on year. It is proposed to pay a final interest of HK33 cents per share, with an annual increase of 4% on a comparable basis. The company proposes to distribute 1 bonus share for every 10 shares, calling this move as a thank you to shareholders for their long-term support and increase the liquidity of shares.

According to business classification, financial services should account for operating profit of HK$1,474 billion during the year, an increase of 19% over the year. The company indicates that it has become the largest source of operating profit contribution, mainly due to the increase in marginal release of Chow Tai Fook Life contract services. The value of the new business was $1.03 billion, an increase of 30%. The company's net debt ratio fell to 28% during the period. Chief Operating and Financial Director Lin Zhan said that it would still maintain the net debt ratio target of 40% to 45%.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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