$CHOW TAI FOOK (01929.HK)$I was in Shanghai Global Harbour Mall last week, out of more than 10 jewellery stores. CTF is the only store with customer. I think even with this challenging economic environment, CTF reputation will still be a big diffrentiator for them to thrive.
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Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
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