Changes in Hong Kong stocks | Zhou Shengsheng (00116) rose nearly 5% in the second quarter, retail sales value increased 16% year on year, and the same stores in Hong Kong and Macau maintained relatively rapid growth

The Zhitong Finance App learned that Chow Sang Sang (00116) rose nearly 5%. As of press release, it had risen 4.85% to HK$12.11, with a turnover of HK$9.255,300.

According to the news, recently, Zhou Shengsheng announced that the Group's retail sales value increased 16% in the three months ended June 30, 2026 (second quarter), and sales at the same stores in mainland China, Hong Kong, and Macau all achieved positive growth. Despite fluctuations in gold prices, demand for gold jewelry remains resilient, and the Group continues to be favored by the market with a diverse product portfolio covering many iconic series. The Group continues to optimize its retail network and further enhance overall operating efficiency through store upgrades, strategic closure and opening of new stores.

CICC pointed out that Chow Sang Sang Sang's 2Q26 sales increased 30% year on year, and maintained a relatively fast growth rate (46% year-on-year increase in 1Q26), mainly due to steady local demand and relatively stable contributions from community shopping malls; passenger flow in tourist areas continued to improve. According to data from the Hong Kong Tourism Board and the Macau Government Tourism Board, the number of visitors from mainland China to Hong Kong and Macau increased 11% and 5% year-on-year, respectively, from April to June 2026, providing passenger flow support for terminal consumption in Hong Kong and Macau in China. By category, demand for gold jewelry remained strong, and pricing products contributed positively to sales. Iconic series such as “YUYU,” “Noir,” and “Charme” all recorded positive growth.