Chow Tai Fook Jewellery Group Ltd

Chow Tai Fook reported a record profit attributable to shareholders of HK$9 billion for the year to March, up over 50% year‑on‑year, and operating profit rose 27.8% to HK$18.9 billion. Strong sales of high‑margin, design‑led and weight‑based gold products and resilient demand in higher‑tier Chinese cities and international markets supported results. Management provided 2027 guidance above expectations on sales and margins, with same‑store sales momentum and plans to expand luxury and self‑operated stores expected to drive further margin growth. » Altro su cnbc.com

Chow Tai Fook Enterprises, controlled by the Cheng family, has agreed to sell Australian power company Alinta Energy to Sembcorp Industries for A$6.5 billion (US$4.3 billion). The all‑shares deal, subject to regulatory approval, is expected to close in the first half of 2026. Alinta operates 3.4 GW of generation and is developing a further 10.4 GW; Sembcorp says the acquisition supports its target of 25 GW of renewables by 2028. The sale is part of the Cheng family's broader asset disposals amid mounting debts at New World Development. » Altro su forbes.com