CICC keeps HKD 15.86 target for Chow Tai Fook stock

Published on 10/20/2026 at 22:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue was HKD 38,986 million, up 1.10 percent year over year. Chow Tai Fook stock costs EUR 1.28 on October 20, 2026.

Analyst target and operating figures

CICC maintained a HKD 15.86 target for Chow Tai Fook on September 25, 2026.
First-half fiscal 2026 revenue reached HKD 38.99 billion, up 1.10 percent year over year.
Chow Tai Fook stock cost EUR 1.28 at Lang & Schwarz on October 20, 2026 at 10:06 p.m. CEST.
The HKD 10.34 to HKD 16.95 52-week range was recorded as of October 20, 2026.

Chow Tai Fook, KYG211461085, Illustration mit AI erstellt.

Chow Tai Fook Jewellery Group (KYG211461085) is being valued against a HKD 15.86 target maintained by CICC on September 25, 2026. The target stood 40.73 percent above the HKD 11.27 Hong Kong price at 4:08 p.m. HKT on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 1.28 on October 20, 2026 at 10:06 p.m. CEST.

First-half revenue edged higher

Quartr reported on October 1, 2026 that first-half fiscal 2026 revenue reached HKD 38,986 million, up 1.10 percent year over year. Operating profit rose 0.70 percent to HKD 6,823 million, while the operating margin reached 17.50 percent, described as a five-year high.

The result was mixed across regions. Mainland revenue declined 2.50 percent, while revenue from Hong Kong, Macau and other markets increased 6.50 percent. Net profit attributable to shareholders was HKD 2,534 million, unchanged from the prior-year period.

Stock sits in a wide range

The Hong Kong price of HKD 11.27 was 8.99 percent above the 52-week low of HKD 10.34 and 33.51 percent below the 52-week high of HKD 16.95 as of October 20, 2026. Trading volume was 13,738,860 shares at the latest recorded Hong Kong session. The current price-to-earnings ratio was 12.38.

Valuation rests on execution

CICC's HKD 15.86 target is 40.73 percent above the HKD 11.27 Hong Kong price, using the same currency and October 20, 2026 quotation. The operating figures give that valuation a measurable test: management's first-half operating margin was 17.50 percent, while gross profit margin was 30.50 percent, down from 31.40 percent in the comparable period.

A separate October 20, 2026 report from UzDaily described a October 14 visit by Botswana President Duma Gideon Boko to the group's Beijing SKP boutique. The report said Chow Tai Fook and Botswana discussed cooperation across the natural diamond value chain.

What the target implies

The target comparison puts the operating question ahead of a simple price reading. Revenue growth was modest at 1.10 percent in the first half, but the 17.50 percent operating margin and 6.50 percent growth outside Mainland China provide the clearest figures for assessing the group's brand transformation.

The further course of trading is shown by the continuously updated real-time quote of Chow Tai Fook stock.