Crude oil futures have slumped to nearly US$40 per barrel amid growing market jitters. Commodity currencies are also falling, and emerging markets suffer from heavy sell-offs. Fund managers are forced ...More
EJ Insight2015-08-21
I.T. Ltd. (00999.HK) has issued a profit warning after disclosing an estimated HK$60 million loss from the decline in the value of its renminbi time deposits, the Hong Kong Economic Journal reported o ...More
EJ Insight2015-08-14
Retailers such as Burberry Group Plc, Kering SA and Chow Tai Fook Jewellery Group Ltd. are pushing landlords to lower rents on existing properties as luxury brands scale back on declining traffic. Com ...More
EJ Insight2015-08-11
Chow Tai Fook Enterprises Ltd. and Kerry Properties Ltd. (00683.HK) have submitted bids for a project to build a shopping mall for Hong Kong goods in Qianhai, Shenzhen, the Hong Kong Economic Journal ...More
EJ Insight2015-07-27
Hong Kong's retail industry will continue to see gloomy sales in the second half of the year as mainland travelers choose other shopping destinations in Asia and Europe, said Dickson Poon, chairman of ...More
EJ Insight2015-07-24
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
China is cutting tariffs on some popular imports to boost domestic consumption, dealing a blow to Hong Kong's retail sector which counts heavily on mainland shoppers. The State Council announced the i ...More
EJ Insight2015-04-30
Chow Tai Fook Jewellery Group (01929.HK) has seen its same-store sales for the quarter ended March shrink 16 percent from a year ago, after an 18 percent slide in the preceding three months, Hong Kong ...More
EJ Insight2015-04-16
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
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
