BOCI: Chow Tai Fook (01929.HK) Benefits from Fair Value Gains on Gold Loans Driving Strong Profit Growth; Maintains "Buy" Rating

Zhitong Finance APP has learned that BOC International issued a research report stating that Chow Tai Fook (01929.HK) benefited from fair value gains on gold loans, which drove strong profit growth. The bank maintains its "Buy" rating and target price of HK$14.8.