ET Stock Pick | Luk Fook (00590) Same-store Sales Improve, Challenging Downtrend

ET today picks Luk Fook (00590) as its stock pick, pointing out that its investment logic is no longer merely about benefiting from rising gold prices, but rather the simultaneous improvement in retail recovery, product upgrading, gold inventory management and earnings leverage. With same-store sales improving, Luk Fook's share price is challenging the downtrend.