[ET Net News Agency, 22 January 2026] Macquarie raised the target price for Chow Tai
Fook (01929) to HKD19.8 from HKD18.7 and maintained the "outperform" rating.
The research house said it raises FY26E/FY27E/FY28E net income 3.6%/6%/4.5% due to
favourable product mix, a gold price rally, and operating leverage. (rc)