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Gold jewelry consumption in China tanked nearly 27% in the first quarter of 2025 from a year ago, according to the China Gold ...
Chinese gold jewelry retailer Zhou Liu Fu Jewellery’s stock surged 67% over its first two trading days, turning its chairman ...
Li Weizhu, the 47-year-old chairman of Zhou Liu Fu Jewellery, joins the billionaire ranks following his company’s $165 ...
Officers seized more than $25 million worth of counterfeit jewelry in Kentucky last week, before the thousands of pieces ...
Chinese investors have poured their savings into gold, attracted by promises of rising prices. One company’s sudden closure ...
Laopu has been drawing strong investor interest, benefiting from high gold prices and a wave of Chinese consumer demand for luxury goods. Gold has been in high demand over the past months, fueled by ...
The Financial Action Task Force, an intergovernmental body that combats global money laundering and terrorist financing, highlighted in its 2019 report that China had insufficient regulation of ...
On Thursday, the stock rose above 1,000 Hong Kong dollars before pulling back as investors booked gains. Even with the day's 9.1% drop, shares of the high-end jewelry maker are up 275% this year.
Chinese jewelers are snapping up platinum as they seek to bounce back from a slump in gold jewelry sales, an industry group said. Surging gold prices, which hit a record high above $3,500 an ounce ...
In China, jewelry is generally priced by weight rather than on a per-piece basis, said Deng. "It cannot be too expensive, otherwise people wouldn't buy it," he said of the price-sensitive Chinese ...