Crisis? What crisis? Whoever worries that the gold rush in Tsim Sha Tsui will be over soon amid declining retail figures as mainland tourists shop elsewhere, can take relief at the latest leasing tran ...More
EJ Insight2015-03-11
China's ongoing anti-graft campaign has dampened retail sales of jewelry and other luxury goods in Hong Kong during the Lunar New Year holidays, the Hong Kong Economic Journal reported. Overall sales ...More
EJ Insight2015-02-27
Hong Kong's Chow Tai Fook Enterprises plans to invest US$2.6 billion to build a casino resort in South Korea, taking a big bet on the nation's potential to lure Chinese gamblers, Reuters reported Thur ...More
EJ Insight2015-02-13
Hong Kong tycoon Cheng Yu-tung's Chow Tai Fook Enterprises Ltd. is making a foray into China's oil trading business, Reuters reported, citing traders recruited by the firm. The conglomerate controls t ...More
EJ Insight2015-02-06
China Animation Group (Holding) Ltd. is said to be earmarking a total of 176 million yuan in capital expenditure for the indoor theme park "Joypolis" that the company operates under a deal with Japan' ...More
EJ Insight2015-01-12
Chow Tai Fook Jewellery Group Ltd. (01929.HK) sees a weak outlook in the next three months amid poor consumer sentiment, the Hong Kong Economic Journal reported Friday. The jewelry retailer posted a 1 ...More
EJ Insight2015-01-09
Luxury brands and jewelry retailers in Hong Kong are struggling to regain their growth as deep-pocketed mainlanders are shifting to other overseas destinations for their shopping expeditions. Firms su ...More
EJ Insight2014-12-29
Occupy Central ended after 79 days, but Occupy Hong Kong, which has been going on for more than 10 years, has not stopped. Whether it was Occupy Admiralty, Occupy Causeway Bay or even Occupy Mong Kok, ...More
EJ Insight2014-12-16
Shengjing Bank Co., a city commercial bank based in China's northeastern Liaoning province, is raising up to US$1.4 billion in an initial public offering in Hong Kong. The lender is selling 1.38 billi ...More
EJ Insight2014-12-12
For investors seeking to ride the mainland gold jewelry market, Shanghai-based Lao Feng Xiang Co. (600612.CN) appears to be a better bet now than Chow Tai Fook Jewellery Group Ltd. (01929.HK), columni ...More
EJ Insight2014-11-28
If you think gold is yesterday's news, think again. The latest sign it's anything but fading amid plunging world prices is the big bet on the gold retail market by Hong Kong's biggest jewelry chain. ...More
EJ Insight2014-11-25
Hong Kong luxury retail sales, especially in street shops in prime areas, will continue to soften next year due to a deepening anti-corruption campaign in mainland China, a lackluster property sector ...More
EJ Insight2014-11-20
There is nothing more depressing than reading a commentary in a leading Hong Kong newspaper that reads, “The sun may rise, but there's no hope for democracy”. The price of democracy is high. Ask any w ...More
EJ Insight2014-10-20
Mainland visitor arrivals in Hong Kong were up 6.8 percent during the Chinese National Day holiday week earlier this month compared to the same period last year despite the Occupy demonstrations, acco ...More
EJ Insight2014-10-17
Jewelry vendor Luk Fook Holdings International Ltd. (00590.HK) said its overall sales in Hong Kong and Macau rose during the Chinese National Day holiday period, bucking the weakness seen at many othe ...More
EJ Insight2014-10-16
Joanna Kot made light of protesters who were indecently attacked. Now they are having the last laugh. The senior public relations executive has resigned from jewellery giant Chow Tai Fook. Kot's claim ...More
EJ Insight2014-10-07
Better ignore the financial headlines on Occupy Central these days because they are largely overstated. A certain economics professor estimated the pro-democracy demonstration could cost up to HK$700 ...More
EJ Insight2014-10-06
Forget those negotiators who have been asked to make peace with the demonstrators by a government that used tear gas on them just days ago. What we need is a local version of Ban Ki-moon who can spea ...More
EJ Insight2014-10-03
Hong Kong retailers are cutting prices and formulating other strategies to cope with slower growth amid changes in the consumption behavior of mainlanders and a shift in consumer base, the Hong Kong E ...More
EJ Insight2014-08-11
Chow Tai Fook Jewellery Group (01929.HK) suffered a 32 percent slide in sales in its fiscal first quarter to June, with the company attributing it to a high comparative base last year when there was a ...More
EJ Insight2014-07-10
