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- 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
Let’s cheer on crypto beginners together!
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Macquarie lowers the target price for Chow Tai Fook to HKD 14.1, with a rating of "Outperform".
Golden Ten Data on June 16, Macquarie Research Report, Chow Tai Fook (01929. HK) revenue decreased by 15% year-on-year in the second half of FY2025. Operating profit grew 15% year-on-year, beating the bank's expectations of 13% and the consensus of 11%. Net profit rose 74% year-on-year, beating the bank's expectations by 24%. Macquarie believes Chow Tai Fook will deliver solid earnings growth in FY2026 on the back of jewellery demand recovery and efficiency improvements, placing Chow Tai Fook on the Select Buy List with an "Outperform" rating. Macquarie lowered its FY2026 and FY2027 net income forecasts by 1.6% and 1.9% respectively to reflect full-year guidance and gold price volatility. Based on the unchanged FY2026 P/E forecast of 15x, the bank lowered its target price by 1.4% to HK$14.1.