FAST NEWS: High gold prices dampen Luk Fook’s business
The Latest: Jeweler Luk Fook Holdings (International) Ltd. (1361.HK) said on Thursday its retailing revenue in the second quarter of its fiscal year through September fell 25% year-on-year, citing a high base effect…
Rising gold prices take the shine off Chow Sang Sang
The jewelry chain warned its profit fell 40% in the first half of the year, as surging gold prices eroded demand for gold accessories Key Takeaways: Chow Sang Sang said…
Once branded a copycat jeweler, Zhou Liu Fu seeks gold in Hong Kong
The company, whose name resembles two popular Hong Kong rivals, has filed for a Hong Kong IPO after its application to list on China’s A-share market went nowhere Key Takeaways:…
FAST NEWS: Luk Fook Group’s 1,800 customers’ data stolen
The Latest: Luk Fook Group Holdings (International) Ltd. (0590.HK) announced Friday that attempts of unauthorized access to the company’ss database had occurred, about 1,800 Hong Kong customer records with partial…
Laopu Gold seeks IPO riches as its glittery margins raise questions
After two failed attempts to list in Shenzhen, the heritage gold seller has redirected its efforts towards the Hong Kong Stock Exchange Key Takeaways: Laopu Gold earned 416 million yuan…
FAST NEWS: Merger drives Luk Fook’s fourth-quarter sales growth
The Latest: Luk Fook Holding (International) Ltd. (1361.HK) said on Thursday its retail revenue in the fourth quarter of its fiscal year through March rose 12% year-on-year, exceeding the figure for the same…
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