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

0.1 billion USD! Six institutions including Zhengxin Valley and Ivy League made cornerstone investments in Mao Ge Ping.

① Mao Geping's gross margin has consistently remained at a high level, maintaining over 80% during the reporting period; ② For this IPO, Mao Geping has brought in six cornerstone investors, including Ivy Fund and Greater Bay Area Common Home Investment, collectively subscribing to 0.1 billion dollars.

cls.cnDec 2, 2024 08:02 ET

Mongolian Gold made its debut on the Hong Kong Stock Exchange today: the share price once fell below the offering price, total market value 3.522 billion Hong Kong dollars.

① The traditional business model of jewelry stores processing and marking up gold trinkets works well when gold prices are low. However, as gold prices continue to rise, the market's demand for its investment attributes has become increasingly notable. ② This year, the traditional business model of jewelry stores processing and marking up gold trinkets works well when gold prices are low. However, as gold prices continue to rise, the market's demand for its investment attributes has become increasingly notable.

cls.cnNov 29, 2024 07:22 ET

Daiwa: After the opening of A shares, Hong Kong real estate, consumer, and financial stocks will experience a pullback, but this is healthy.

JPMorgan believes that the forward price-earnings ratio of the Chinese stock market has significantly rebounded, indicating a shift in policy towards the inflation direction released by the combination of monetary/real estate assets, and also reflects the market's high expectations for fiscal stimulus policies. However, the short-term outlook may be too optimistic. After the A-share market opens, with more individual investors entering, its performance may outperform Hong Kong stocks.

wallstreetcnOct 7, 2024 21:12 ET

The soaring gold price did not lift chow tai fook.

Consumer rationality has increased.

wallstreetcnSep 13, 2024 08:54 ET

A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".

Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.

wallstreetcnAug 29, 2024 09:42 ET