CTF SERVICES (00659) News

CTF Services Calls June 2026 SGM to Approve New Master Services Agreements

TipRanksMay 28 12:07

NWS Holdings (NWSZF) Gets a Buy From BOCOM International Holdings Company

TipRanksMay 17 13:16 · Ratings

HSBC Sticks to Its Buy Rating for NWS Holdings (NWSZF)

TipRanksMay 16 09:55 · Ratings

Dah Sing Research slightly lowered its target price for New Create (00659.HK) to HKD 10, deeming the sale price of the Changliu Expressway reasonable.

HSBC Research issued a report stating that NWS Holdings (00659.HK) announced on the 13th that it would sell its 100% stake in Hunan Changliu Expressway to the Shanghai State-owned Assets Supervision and Administration Commission for RMB 1.6 billion. The bank believes that considering the asset is expected to incur a loss in fiscal year 2025, the implied price-to-book (P/B) ratio of 1.05 times is attractive and performs well compared to peers' valuations ranging from 0.5 to 1.7 times. This sale aligns with the company’s strategy to streamline its toll road portfolio. The company anticipates that this divestment will result in a post-tax loss of approximately RMB 80 million in fiscal year 2026; however, HSBC Research opines that

AASTOCKSMay 15 11:32

Citi: Chow Tai Fook Creation (00659) divests equity stake in Changsha Liuyang Expressway to enhance value; target price raised to HKD 10.9

Citi believes that the financing cost savings from the sale can offset most of the operating profit loss starting from fiscal year 2027.

Zhitong FinanceMay 15 11:04 · Ratings

NWS Holdings (NWSZF) Gets a Buy From Citi

TipRanksMay 15 08:27 · Ratings

CLSA Keeps Their Buy Rating on NWS Holdings (NWSZF)

TipRanksMay 15 08:25 · Ratings

Citi has lowered its 2023 target for the Hang Seng Index to 29,600 points, with Tencent (00700.HK) and AIA (01299.HK) among its top picks for H shares.

Citi released a research report expressing cautious optimism about the outlook for China's stock market in the second half of 2026, favoring the technology and export sectors. The bank upgraded its investment rating for the insurance sector from "neutral" to "overweight." Citi expects insurance companies to benefit from higher investment returns from equities and inflows of bank deposits into insurance products. The bank set year-end 2026 target levels for the Hang Seng Index, CSI 300 Index, and MSCI China Index at 29,600 points (a 1.3% decrease from the previous target of 30,000 points), 5,600 points, and 92.0, respectively, while introducing a mid-2027 Hang Seng Index target of 30,500.

AASTOCKSMay 14 16:28

HKEX Announcement Insights | Alibaba-W released its annual financial results, with revenue reaching RMB 1,023.67 billion, representing a year-on-year increase of 3%.

Alibaba-W released its annual results, with revenue reaching RMB 1,023.67 billion, a year-on-year increase of 3%. Tencent reported steady growth in revenue and net profit for the first quarter, with non-IFRS attributable profit to equity holders amounting to RMB 67.905 billion, marking an 11% year-on-year increase.

Zhitong FinanceMay 14 09:00

Chow Tai Fook (00659.HK) sold 100% of the equity in Hunan Changliu Expressway for RMB 1.61 billion.

Gelonghui, May 13th丨Chow Tai Fook Creation (00659.HK) announced that on May 13, 2026, the seller, Chow Tai Fook Creation Investment Co., Ltd., entered into an equity transfer agreement with the buyers (Shanghai Infrastructure Construction Development (Group) Co., Ltd. and Shanghai Urban Construction (Guangdong) Construction Development Co., Ltd.) and the target company. Accordingly, (i) the seller has conditionally agreed to sell, and the buyers have conditionally agreed to purchase 100% of the equity in the target company, Hunan Chow Tai Fook Creation Highway Co., Ltd., for a total consideration of approximately RMB 1.61 billion (similar to the net cash outlay incurred by the Group for the acquisition of this project's equity); and (

Gelonghui FinanceMay 13 19:52

Citi: Initiated coverage on Chow Tai Fook Creation (00659) with a 'Buy' rating, riding the tailwinds of growth in Hong Kong's insurance industry.

Management disclosed that more than HKD 300 million has been generated from the divestment of non-core assets in the first half of fiscal year 2026, with potential future sales expected to bring an additional HKD 3 to 4 billion. The bank anticipates that the logistics properties recently acquired by the company will contribute to growth in attributable operating profit this year.

Zhitong FinanceApr 27 11:21 · Ratings

Citi Sticks to Its Buy Rating for NWS Holdings (NWSZF)

TipRanksApr 25 08:27 · Ratings

NWS Holdings Renews Major Connected-Party Service Agreements Ahead of 2026 Expiry

TipRanksApr 24 17:40

Citi has initiated coverage of NWS Holdings (00659.HK) with a "Buy" rating and a target price of HKD 10.6.

Citi issued a research report initiating coverage on Chow Tai Fook Creation (00659.HK) with a "Buy" rating and a target price of HKD 10.6. The bank is optimistic about Chow Tai Fook Creation, primarily based on: (1) a sustainable and increasing dividend policy (forecasted dividend yield for FY2026 is approximately 7%); (2) robust attributable operating profit (AOP) growth from the life insurance business through Chow Tai Fook Life (forecasted growth of 17% for FY2026); and (3) ongoing active capital recycling. Citi noted that Chow Tai Fook Creation has paid dividends annually since its listing 23 years ago, and free cash flow analysis shows dividend coverage over the past five years.

AASTOCKSApr 24 10:15

Chow Tai Fook (00659.HK)’s associated legal entity received a shareholding increase of 400,000 shares by Zheng Jiachun, valued at approximately HKD 4.4 million.

According to a report on April 9, based on the document disclosed by the Hong Kong Stock Exchange on April 9, Cheng Chia Chun increased his stake in the associated entity Chow Tai Fook Jewellery Group Limited (00659.HK) by purchasing 400,000 shares at an average price of HKD 11.0 per share on April 2, with a total value of approximately HKD 4.4 million. After the increase, Cheng Chia Chun's latest number of shares held in the associated entity amounts to 24,074,400 shares, representing a long position of 0.24%. Image Source: Hong Kong Stock Exchange Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders...

Futu NewsApr 9 17:10

Zhitong HK Stock Investment Diary | April 9

Hong Kong Stock Investment Diary | April 9, 2026

Zhitong FinanceApr 9 00:00

Chow Tai Fook (00659.HK) has launched its first battery energy storage system investment project.

Chow Tai Fook Creation (00659.HK) announced a partnership with global new energy solutions provider United Green New Energy Group to jointly develop a new Battery Energy Storage System (BESS) project in Europe, aiming to seize and expand opportunities within the European energy storage market. Chow Tai Fook Creation will hold a 75% stake in the first BESS project, while United Green New Energy will retain the remaining 25%. The collaboration’s inaugural BESS project is located in Finland, addressing the growing imbalance between renewable energy electricity production and everyday power consumption in the European market, as well as the increasing demand for national grid stability. The project's total installed energy storage capacity is...

AASTOCKSApr 8 16:15

Express News | Chow Tai Fook delays price adjustment for 'fixed-price' products; stores claim new price tags have been received and are awaiting headquarters' notice.

BreakingsMar 24 16:10

CTF SERVICES To Go Ex-Dividend On March 18th, 2026 With 0.28 HKD Dividend Per Share

March 17th (Beijing Time) - $CTF SERVICES(00659.HK)$ is trading ex-dividend on March 18th, 2026.Shareholders of record on March 19th, 2026 will receive 0.28 HKD dividend per share on April 9th, 2026.

Futu NewsMar 17 09:00

Quotations for branded gold jewelry have slightly declined. The retail price of 24K gold at Chow Tai Fook and Zhou Da Sheng is 1,557 yuan per gram.

Gelonghui, March 15 | As of 8:00 AM on March 15, 2026, global gold prices have experienced a significant decline, with both international and domestic markets falling in tandem, breaching key price levels. Market risk aversion sentiment has eased. In the physical gold sector, branded jewelry prices have slightly retreated. The retail price for Chow Tai Fook and Chowsun's 24K gold is 1,557 yuan per gram, while Lao Feng Xiang's stands at 1,552 yuan per gram. Bank investment gold bar prices have also been adjusted downward; CCB Longding gold bars are priced at 1,135.50 yuan per gram, and ICBC Ruyi gold bars at 1,140.46 yuan per gram.

Gelonghui FinanceMar 15 09:22