{I-bank focus}Citi raises Chow Tai Fook (01929) to HKD10.2

   Citi raised the target price for Chow Tai Fook (01929) to HKD10.2 from HKD9.9 and maintained the "buy" rating.
  The research house said it raises FY25E/26E/27E adjusted net profit (excluding unsettled gold loan loss) estimate by 19%/11%/4% to reflect higher GPM assumptions given stronger-than-expected gold price.