Established in 1991, Luk Fook Holdings (International) is a leading jewellery retailer in Hong Kong and China. It principally is engaged in sourcing, designing, wholesaling, trademark licensing and retailing of a variety of platinum and gold jewellery, gold ornaments, gem-set jewellery, jadeites, gemstones and other accessory items, with a total of over 950 retail outlets in the PRC, Hong Kong, Macau, Singapore, the United States and Canada. It listed on the Hong Kong Stock Exchange in 1997.
Stocks of local jewellers and department store operators rallied yesterday as investors scouted for market laggards in anticipation of greater consumer buying power on rising optimism that the mainland's economic recovery is firmly on track.Friday, 4 January, 2013, 2:48am
Shares of jewellery retailers in Hong Kong leapt yesterday on a rebound in sales this month, despite net profit tumbling by as much as a third for the six months to September 30.
Luk Fook jumped 10.23 per cent to HK$23.15, while Chow Tai Fook Jewellery rose 5.4 per cent to HK$10.86, regardless of big drops in earnings and disappointing retail sales in the city last month.30 Nov 2012 - 2:53am
Hong Kong stocks fell for the first time in six days, led by mainland property developers, after China’s onshore market closed lower after a week-long break.8 Oct 2012 - 4:57pm
Hong Kong retail stocks fell sharply on Monday on worries that the city is losing its appeal to mainland Chinese customers as a shopping Mecca after a fall in luxury goods sales during the past eight-day national holiday.8 Oct 2012 - 12:03pm
Hong Kong stocks ended flat on Thursday, dragged down by energy counters and property developers, as investors sat on their hands, with activity sharply lower because of China’s Golden Week holidays.5 Oct 2012 - 10:11am