Chow Tai Fook Jewellery Group Limited ( "Chow Tai Fook" or the "Company"; collectively with its subsidiaries, the "Group"; stock code: 1929), the largest jeweller listed in Hong Kong and one of the world's top few by market capitalisation with 86 years' heritage, is pleased to announce its resounding success in the 2015 "All-Asia Executive Team" (excludes Japan) rankings by Institutional Investor, an international financial magazine highly recognized by buy-side and sell-side. The Group ranks 26th on the "Most Honored Company" list based on the following ranking results:
Best Investor Relations – Second Place (Nominated by the sell side)
Best CEO – First Place – Kent Wong (Nominated by the sell side)
Best CFO – Second Place – Hamilton Cheng (Nominated by the sell side)
Best Investor Relations Professional – First Place – Danita On (Nominated by the sell side)
Chow Tai Fook Managing Director Kent Wong, recipient of Best CEO, the First Place said, "We are very proud to receive these coveted recognitions by Institutional Investor for the first time. It is indeed a testimony to our relentless effort to achieve the best practices in investor relations and corporate governance over the past few years since Chow Tai Fook was listed in 2012."
Finance Director Hamilton Cheng, Best CFO, the Second Place awardee remarked, "It is always our commitment to raise our transparency in the provision of information on business operations, financial position and development through the effective use of various communication tools such as annual report, investor relations presentation materials and the recently revamped corporate website."
Director of Investor Relations Danita On was also named the Best Investor Relations Professional, the First Place.
As many as 1,568 companies across 16 sectors in Asia (excludes Japan) were nominated by 820 portfolio managers and buy-side analysts at nearly 500 firms and 625 sell-side analysts at 94 brokerages who have participated in the 2015 "All-Asia Executive Team" survey. They cast their votes to rank the IR performance of companies for Best Investor Relations according to 8 performance attributes and individual practitioners in 3 ranking categories, namely Best CEO, Best CFO and Best IR Professional. The overall ranking of each company on the "Most Honored Company" list was determined by the total weighted scores by places (first, second, third or fourth). Chow Tai Fook was nominated in the Consumer sector by the sell-side analysts who have nominated a total of 1,153 companies in the 16 sectors.
The 8 attributes for ranking IR performance are accessibility of senior managements, speaking authoritatively on the company's behalf, credibility, ample opportunity for Q&A, a well-maintained and updated website, proactive disclosure of material events and strategies, provision of appropriate level of financial information as well as quick and thorough responses to requests.
Earlier in May 2015, the Group was also presented five accolades, namely the Best IR Company, the Best IR by Chairman/ CEO, the Best IR by CFO, the Best IRO and the Best IR Presentation Collaterals, at the inaugural HKIRA Investor Relations Awards Presentation organised by the Hong Kong Investor Relations Association, in recognition of the Group's best practices in investor relations.
About Institutional Investor Magazine and The All-Asia Executive Team
(www.institutionalinvestor.com)
Institutional Investor, established for more than 45 years, is an award-winning financial publication with groundbreaking journalism and incisive writing that provides intelligence for global readers.
The All-Asia Executive Team is Institutional Investor's exclusive annual ranking of the nation's corporate leaders as determined by the investment professionals.