Hong Kong has seen significant capital inflows as international investors sought out safe-havens and high-dividend plays amid an uncertain global macro environment. As a result, REITs and some risk-o ...More
EJ Insight2016-07-12
Jewelry retailers Chow Sang Sang Holdings (00116.HK) and Luk Fook Holdings 00590.HK) are said to be waiving the craftsmanship fee on their gold products in a bid to spur sales during the upcoming Labo ...More
EJ Insight2016-04-22
Chow Sang Sang Holdings International Ltd. (00116.HK) expects lackluster sales during the coming Lunar New Year holidays, but has no plans to engage in a price war to boost revenue. The company may re ...More
EJ Insight2016-01-08
A top jewelry retailer has waived a 2 percent commission on its products, ending a practice that has been in effect in the gold retail business for half a century. Chow Sang Sang Holdings Internationa ...More
EJ Insight2015-12-29
Small jewelers in Hong Kong fear they may be driven out of business by a price war in gold. The Hong Kong Jewellers' & Goldsmiths’ Association Ltd. (HKJGA) and the Kowloon Pearls, Precious Stones, ...More
EJ Insight2015-12-24
Chow Tai Fook Jewellery Group Ltd. (01929.HK) expects to close more shops after it posted a 6 percent drop in sales for this year's second quarter, the Hong Kong Economic Journal reported Friday. Sam ...More
EJ Insight2015-07-10
Retail sales, particularly of watches and jewelry, have been unsatisfactory in June and July, prompting shops to warn that there could be layoffs early next year if the situation does not improve, Sky ...More
EJ Insight2015-07-09
A stronger Hong Kong dollar and a high-profile campaign by activists against parallel goods traders are being blamed for a slump in retail sales in the city during the long Easter weekend. Sales at Em ...More
EJ Insight2015-04-08
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
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
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
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
