Lukfook Group (00590.HK): It has not been determined whether any of the Group's customer records have been leaked
Gelonghui May 10 | Lukfook Group (00590.HK) issued an announcement. Around May 7, 2024, the group discovered an online post posted by a threat actor on the popular dark web (i.e. underground forum). The threat actor claimed to have access to the Group's customer records and invited bids for access to such records. Once a potential incident is discovered, the Group immediately takes action to clarify the situation. The Group has carried out a thorough investigation with the assistance of a leading cyber security consulting firm, which includes an assessment of the truth and root cause of the potential incident, as well as a comprehensive review of the security of the Group's systems and servers. Intercept
Hong Kong Resources Units Renew Tenancy of China, Hong Kong Properties
Various units of gold jewelry retailer Hong Kong Resources Holdings (HKG:2882) have renewed tenancy agreements for properties in Hong Kong and China till June 2027, a Wednesday filing on the Hong Kong
Non-Executive Director of Luk Fook Holdings (International) Hon Hung Li Buys 60% More Shares
Luk Fook Holdings (International) Limited (HKG:590) shareholders (or potential shareholders) will be happy to see that the Non-Executive Director, Hon Hung Li, recently bought a whopping HK$11m worth
Lukfook Group (00590.HK) was granted 500,000 additional shares of common stock by Lee Hon-hung, worth approximately HK$8.97.64 million
On April 25, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 25, Lee Hon-hung increased his common stock holdings of $Lukfook Group (00590.HK) by $500,000 at an average price of HK$17.9528 per share on April 22, worth about HK$8.97.64 million. After the increase in holdings, Li Hanxiong's latest shareholding was 10.464,300 shares, and the good position ratio increased from 1.70% to 1.78%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies.
Lukfook Group (00590.HK): High base affects same-store sales FY24 maintains optimistic guidelines
Company News The company announced the 4QFY24 (January-March) business situation: Lukfook Group's retail sales increased 5% year on year, with retail sales in mainland China, Hong Kong and Macau increasing 9% and 10% year on year respectively; self-operated stores, brand stores and Hong Kong in mainland China
Luk Fook Puts Up a Strong Q4 Sales Performance
Luk Fook Holdings (International) (HKG:0590) reported a 5% year-over-year increase in its retail sales value (RSV) in the fourth quarter, according to a Thursday filing on the Hong Kong bourse. The RS
Changes in Hong Kong stocks | Lukfook Group (00590) is now down more than 4%. High base, combined with a sharp rise in gold prices, and overall same-store sales in the fourth fiscal quarter fell 5%
Lukfook Group (00590) is now down more than 4%, with a cumulative decline of more than 17% during the month. As of press release, it decreased by 4.33% to HK$17.68, with a turnover of HK$13.4183,000.
The overall retail value of Lukfook Group (00590.HK) increased 5% year-on-year in the fourth quarter
Gelonghui, April 18 | Lukfook Group (00590.HK) announced that the Group's overall retail value increased by 5% year-on-year in the fourth quarter and surpassed the level of the same quarter in the 2018/19 fiscal year before the pandemic by more than 50%. The Group's overall retail revenue for the fourth quarter increased by 12% year-on-year, an increase of more than 10% compared to the same quarter of FY2019. After the Group completed the acquisition of a controlling interest in Hong Kong Resources Holdings Limited on January 12, 2024, the business revenue of its Jinzhizun Jewelry brand helped increase the Group's retail value and retail revenue in the fourth quarter, but there was no impact on same-store sales. Markets in Hong Kong SAR, China and Macau SAR, China
Hong Kong stocks are bullish this week | Electric power stocks are starting to soar! Huaneng International and Huadian International have increased by about 16% each week
Gold continued to soar, driving Hong Kong gold stocks to experience a strong rise. Zhaojin Mining surged more than 22% during the week.
Lukfook Group (00590): Non-executive director Wong Ho Lung reassigned as executive director
Lukfook Group (00590) issued an announcement. Starting April 1, 2024, the company's current non-executive director, Huang Haolong, will transfer...
LUK FOOK HOLD: (1) DECLARATION OF SPECIAL INTERIM DIVIDEND BY WAY OF DISTRIBUTION IN SPECIE OF HKRH SHARES; AND (2) RECORD DATE AND CLOSURE OF REGISTER OF MEMBERS
Lukfook Group (00590.HK) was reduced by 462,000 shares by Mitsubishi UFJ Financial Group
Glonghui, March 22丨According to the Stock Exchange's latest equity disclosure data, on March 18, 2024, Lukfook Group (00590.HK) was reduced by 462,000 shares by Mitsubishi UFJ Financial Group, Inc. at an average price of HK$22.5678 per share on the market, involving approximately HK$10.4263 million. After reducing holdings, Mitsubishi UFJ Financial Group, Inc.'s latest shareholding number was 408.46 million shares, and the shareholding ratio dropped from 7.03% to 6.95
Mitsubishi UFJ Financial Group, Inc. sells 462,000 common shares of Lukfook Group (00590.HK) worth approximately HK$10.426,300
It was reported on March 21 that, according to documents disclosed by the Hong Kong Stock Exchange on March 21, Mitsubishi UFJ Financial Group, Inc. sold $46.2 million of $Lukfook Group (00590.HK) common shares at an average price of HK$22.5678 per share on March 18, worth approximately HK$10.4263 million. After the sale, Mitsubishi UFJ Financial Group, Inc.'s latest shareholding was 408.46 million shares, and the good position ratio dropped from 7.03% to 6.
Lukfook Group (00590.HK) gains 635,000 shares from Mitsubishi UFJ Financial Group
Glonghui, March 19 | According to the latest equity disclosure data on the Stock Exchange, on March 14, 2024, Lukfook Group (00590.HK) obtained Mitsubishi UFJ Financial Group, Inc. increased its holdings by 635,000 shares at an average price of HK$22.553 per share on the market, involving approximately HK$14.345 million. After the increase in holdings, Mitsubishi UFJ Financial Group, Inc.'s latest shareholding number was 41.169,000 shares, and the shareholding ratio increased from 6.90% to 7.01%
LUK FOOK HOLD: Date of Board Meeting
Lukfook Group (00590.HK) received 635,000 additional shares of common stock from Mitsubishi UFJ Financial Group, Inc., worth approximately HK$14.344,800
On March 18, it was reported that, according to documents disclosed by the Hong Kong Stock Exchange on March 18, Mitsubishi UFJ Financial Group, Inc. increased its common stock holdings of $Lukfook Group (00590.HK) by $635,000 at an average price of HK$22.503 per share on March 14, worth approximately HK$14.344,800. After the increase in holdings, the latest number of shares held by Mitsubishi UFJ Financial Group, Inc. was 41.169 million shares, and the good position ratio rose from 6.90% to 7.
Bank of China Ratings | Bank of China International: Reiterates that the target prices of Chow Tai ?$#@$ and Lukfook's “buy” ratings are HK$15.3 and HK$29.1, respectively
Glonghui, March 13 | Bank of China International published a research report stating that as gold prices continue to reach new highs, gold jewellery is expected to continue to outperform most retail categories in China. Although the bank remains optimistic about the recent performance of the jewellery industry, it also believes that the industry landscape may become more competitive. The bank anticipates that when consumers' purchasing power begins to decline, the consolidation of related industries will become more obvious. As for the next phase, the bank believes that the increase in same-point sales growth is more important than the expansion of the Chinese store market. Therefore, BOCI reiterated its “buy” ratings for Chow Tai ?$#@$ and Lukfook, and set the target prices for Chow Tai ?$#@$ and Lukfook at HK$15.3 and HK$29, respectively.
Bullish Luk Fook Holdings (International) Insiders Loaded Up On HK$10.5m Of Stock
Over the last year, a good number of insiders have significantly increased their holdings in Luk Fook Holdings (International) Limited (HKG:590). This is encouraging because it indicates that insiders
Spot gold continues to hover above 2080, and domestic jewelry prices have reached a record high!
International gold prices have driven domestic gold jewelry brands to break through the previous high in pure gold jewelry prices! Analysts believe this wave of gains is not over yet...
Hong Kong's Retailers Posted Better Sales in January
Hong Kong's retailers logged a 0.9% year-over-year increase in cumulative sales in January, at HK$36.5 billion, official data showed on Friday.
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