Chow Sang Sang makes gold and gem-set jewellery products and is also involved in retailing, property investment, securities, commodity broking and gold bullion trading.
Russia’s Alrosa, the world’s largest diamond miner, plans to hold seven auctions in Hong Kong this year and work with the city’s jewellers to sell to Chinese consumers, who are more methodical than American buyers
Chow Sang Sang's first-half profit surged 40 per cent year on year to HK$614.75 million on strong sales of gold and jewellery.
Shares of high-end jewellery and watch retailers slumped yesterday amid concerns that the anti-corruption push on the mainland would take its toll on sales of luxury goods. Emperor Watch & Jewellery, which fell the most in more than a year, ended down 7.14 per cent at 91 HK cents. Chow Sang Sang dropped 7.2 per cent to HK$20.60, while Luk Fook slid 5.6 per cent to HK$25.45.