CHOW TAI FOOK (00659.HK) has once again been rated "A+" by the Japan Rating Institute.

CHOW TAI FOOK (00659.HK) announced that after 2024, it will again be rated "A+" for foreign currency long-term issuer and "A+" for local currency long-term issuer by Japan Credit Rating Agency (JCR), maintaining a stable rating outlook. The Group's Executive Director and Chief Operating and Financial Officer, Lin Zhan, stated that even in a complex and changing market environment, the Group can maintain strong cash flow and stable profits. Looking ahead, the Group will continue to optimize its capital structure, further strengthen its financial strength, actively seize development opportunities, comprehensively enhance competitiveness, and is confident in achieving long-term sustainable growth.

AASTOCKSMay 12 15:48

CHOW TAI FOOK (00659.HK) is moving towards its net-zero emissions goal, and the short-term targets of its two subsidiaries have passed SBTi verification.

CHOW TAI FOOK Holdings (00659.HK) announced that its wholly-owned subsidiary CHOW TAI FOOK Life and Hoi Sing Construction Group's short-term greenhouse gas emission reduction targets have officially passed the review by the Science-Based Targets initiative (SBTi), promoting the group towards its net-zero emission goals, demonstrating CHOW TAI FOOK's commitment to driving Industry climate transition. The group has launched an Environmental, Social and Governance (ESG) framework "Breakthrough 2050," aimed at addressing climate risks and seizing related opportunities, transforming its sustainable development vision into concrete actions. CHOW TAI FOOK Holdings' Executive Director, Group Chief Operating and Financial Officer, and Environmental, Social and Governance

AASTOCKSApr 16 16:12

CHOW TAI FOOK (0659.HK) builds an engine of "strong cash flow + SSE non-Cyclical Industry 100 index + Global Strategy" to meet the demand for value defensive investments in market turmoil.

In the current macroeconomic environment characterized by intensified fluctuations and declining market risk appetite, the asset allocation of stock investors is showing a typical "bicycle-shaped" strategy to cope with the challenges posed by changes in the market environment. On one side is the high-risk, high-volatility investment strategy focused on Chinese Technology stocks, while on the other side, there is an increase in investments in high-dividend Stocks to improve the certainty of returns. At the same time, with a new round of tariff wars beginning, the Global stock market has also experienced significant turbulence, making it particularly important to Hold low-risk Bonds to maintain defensive strength in response to the current complex and changing market situation. CHOW TAI FOOK was established (0659.HK) based on its achievements.

Gelonghui FinanceApr 7 13:14

CHOW TAI FOOK Life Insurance推出"Bay Area Outpatient Access"

CHOW TAI FOOK Life announced the launch of "Bay Area Outpatient Access," allowing customers who frequently travel between Hong Kong, Macau, and designated cities in the Greater Bay Area to enjoy convenient and high-quality Veterinary Services provided by the robust medical network of CHOW TAI FOOK's corporate healthcare group. CHOW TAI FOOK Life has become the first insurance company to collaborate with the Greater Bay Area healthcare group to provide Traditional Chinese Medicine outpatient services. The plan includes three levels, covering designated cities in the Greater Bay Area as well as Hong Kong and Macau, offering an innovative market-first plan that provides outpatient treatment in both Chinese and Western medicine, dental cleaning, and health management value-added services for customers and up to two designated family members. CHOW TAI FOOK Life had already partnered with the Greater Bay Area healthcare group earlier last year.

AASTOCKSMar 24 16:09

CTF Services to Acquire Majority Stake in Two Firms for $132 Million; Share Rise 5%

MT NewswiresMar 19 10:24

CHOW TAI FOOK (00659.HK): Acquiring uSmart equity helps expand wealth management services in Greater China and Southeast Asia.

CHOW TAI FOOK (00659.HK) announced an investment of about 1 billion HKD to acquire a 43.93% stake in uSmart Inlet Group Ltd. The group stated that this strategic acquisition will help create a comprehensive wealth management platform alongside its existing Insurance business, CHOW TAI FOOK Life. The group's Co-CEO, Zheng Zhiming, mentioned that this acquisition of uSMART aligns with the group's strategy to develop its Financial Services Sector, and believes it will further strengthen the synergy between CHOW TAI FOOK Life and other businesses within the CHOW TAI FOOK group's ecosystem, while also helping to expand in Hong Kong, Southeast Asia, and the USA.

AASTOCKSMar 19 09:40