The Zhitong Finance App learned that Lyon released a research report stating that the valuation benchmark created by Chow Tai Fook (00659.HK) was rolled to the 2028 fiscal year, and that the number of shares increased by 10% by including the 10 free bonus shares. The target price was lowered from HK$11.5 to HK$11.2, maintaining the “outperforming the market” rating. After adjusting for bonus shares, the company's dividend rate for the 2027 fiscal year is about 6.9%. The current price is about 32% off from the 2027 net asset value of 11.9 yuan per share.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that Lyon released a research report stating that the valuation benchmark created by Chow Tai Fook (00659.HK) was rolled to the 2028 fiscal year, and that the number of shares increased by 10% by including the 10 free bonus shares. The target price was lowered from HK$11.5 to HK$11.2, maintaining the “outperforming the market” rating. After adjusting for bonus shares, the company's dividend rate for the 2027 fiscal year is about 6.9%. The current price is about 32% off from the 2027 net asset value of 11.9 yuan per share.