Changes in Hong Kong stocks | Chow Tai Fook (01929) fell nearly 3%, and some products are about to raise prices. Recent changes in the Chow Tai Fook Group's shareholding structure

The Zhitong Finance App learned that Chow Tai Fook (01929) fell nearly 3%. As of press release, it fell 2.7% to HK$12.24, with a turnover of HK$82.8848 million.

According to the news, following the increase at the end of October, on December 17, Chow Tai Fu Tmall's official flagship store website posted a reminder in an unobtrusive location: due to market factors, prices for some products are about to increase. The price adjustment window is December 19. It is worth noting that if you count the price increases in March and October, this is the third time that Chow Tai Fook has raised the price of a gold product this year.

In addition, there has recently been a change in the shareholding structure within the Chow Tai Fook Group. According to equity information disclosed by the Hong Kong Stock Exchange, next week, Zheng Jiachun Family will transfer nearly 54% of its shares in Chow Tai Fook Jewellery to Beyond Luck Limited, a subsidiary holding 65% and 35% of Chow Tai Fook Capital's shares, respectively. The purpose of this equity restructuring is to strengthen the capital structure of Chow Tai Fook to release business value. Chow Tai Fook's enterprise will become the parent company of the family's core business, Chow Tai Fook Jewellery, and New World.