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Chow Tai Fook shares surge to 4-month high as profit fall eases

Thursday, November 24, 2016 - 05:50

Hong Kong

SHARES of Chow Tai Fook Jewellery Group Ltd jumped to the highest level in about four months after the world's largest publicly traded jewellery chain reported that profit fell less than a year earlier, as it negotiated lower rents and shuttered stores amid tepid Chinese demand

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