Are consumers of gold jewelry becoming desensitized to high gold prices?

① The impact of rising gold prices on consumers' purchase of Gold Trinkets seems to have changed. Recently, reporters inquired frontline personnel engaged in Gold Trinket wholesale and brand retail in Shanghai's Yuyuan about the situation, and the sales of Gold Trinkets have been booming; ② Some consumers believe that gold retains value better and is expected to increase in price in the future, providing an opportunity to offset the premium of Gold Jewelry; ③ The sales performance in gold stores may be able to break away from the trend observed since the first quarter of last year.

cls.cnFeb 11 00:59 ET

China Business Federation: In February, the Retail Trade prosperity Index in China is 50.1%, stabilizing within the expansion range running.

In February, the Retail Trade Prosperity Index (CRPI) in China was 50.1%, a decrease of 1.0 percentage points compared to the previous month.

Zhitong FinanceFeb 7 02:36 ET

Fewer Investors Than Expected Jumping On Luk Fook Holdings (International) Limited (HKG:590)

Simply Wall StJan 20 18:41 ET

Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.

① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.

cls.cnJan 16 17:59 ET

LUK FOOK HOLD (00590.HK) reported a 9% year-on-year decline in overall retail revenue for the third quarter.

On January 16, GLONG HUI reported that LUK FOOK HOLD (00590.HK) announced that although the third quarter of 2025 fiscal year was the highest base quarter, performance in all aspects during the season was better than the previous two quarters. Overall retail value saw a year-on-year decline of 6%, and the group's overall retail revenue in the third quarter decreased by 9% year-on-year. The reduction in the decline was mainly due to the rebound of 27% in retail revenue in the mainland China market for the third quarter, while the decline in the markets of the Hong Kong Special Administrative Region and the Macao Special Administrative Region narrowed to 20%. The group's same-store sales for the third quarter were -22%, with -24% in the Hong Kong and Macao markets, and -11% in the mainland market.

Gelonghui FinanceJan 16 05:28 ET

Express News | Luk Fook Holdings (International) Q3 Same Stores Sales -22%

ReutersJan 16 05:20 ET