The Zhitong Finance App learned that Northeast Securities released a research report saying that in the short term, Lukfook Group (00590.HK) double-digit growth after the period confirms consumer resilience. The new value-added tax policy on gold is transmitted and digested through price increases, which is beneficial to the long-term increase in leading share. At the valuation level, overseas expansion and high-end products drive valuation restoration. The bank expects the company's net profit to be 15.6/17.8/2.01 billion yuan in the next three years 2026/2027/2028, respectively, and the corresponding PE is 8.3/7.2/6.4X. Covered for the first time, a “gain” rating was given.

The Zhitong Finance App learned that Northeast Securities released a research report saying that in the short term, Lukfook Group (00590.HK) double-digit growth after the period confirms consumer resilience. The new value-added tax policy on gold is transmitted and digested through price increases, which is beneficial to the long-term increase in leading share. At the valuation level, overseas expansion and high-end products drive valuation restoration. The bank expects the company's net profit to be 15.6/17.8/2.01 billion yuan in the next three years 2026/2027/2028, respectively, and the corresponding PE is 8.3/7.2/6.4X. Covered for the first time, a “gain” rating was given.