According to the Zhitong Finance App, Chow Tai Fook (01929) announced that for the three months ending September 30, 2026 (second quarter), retail value decreased by 0.5% year-on-year. Among them, retail value in mainland China decreased by 5.3%, while retail value in Hong Kong, Macau and other markets increased by 33.2%. Same-store sales of direct stores in mainland China (Mainland) increased by 2.2% during the quarter, while same-store sales of franchised stores fell by 2.9%. However, the Group continued to outperform the retail jewellery market. Same-store sales in Hong Kong and Macau increased 29.6% during the period, thanks to a hot consumer atmosphere and strong customer flow. Among them, Hong Kong increased 24.0% and Macau increased by 47.3%.

During the quarter, the Group selectively opened 23 Chow Tai Fook jewellery retail outlets in the Mainland and closed 263 retail outlets, a net closure of 240 retail outlets. In Hong Kong, Macau and other markets, the Group opened a net retail outlet for Chow Tai Fook jewellery during the quarter.

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