World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

www.gold.org

Gold

Chinese shoppers boosting jewellery sales in Hong Kong > Gold News > World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

 

Chinese shoppers boosting jewellery sales in Hong Kong

Monday, 29th March 2004 (4780 views)

Increasing numbers of Chinese tourists are boosting jewellery sales in Hong Kong as attitudes and opinions of mainlanders have changed.

Figures suggest that on average almost $900 are spent by Chinese visitors on each visit and key products purchased include gold and jewellery.

The increases are thought to be due to a growing sophistication in Chinese shoppers and new credit card and Hong Kong travel regulations.

Marketing director for King Fook jewellery shops in Hong Kong, Victoria Lai explained to The Globe and Mail: "They come here and ask for products by name."

Among the products purchased by mainland shoppers are expensive watches priced at $15,000.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

News Archive:

 
 
  • Gold Spot Price
  • Bid:[Retrieving Data]
  • Ask:[Retrieving Data]
  • Last Update:[Retrieving Data]
© 2008 World Gold Council - all rights reserved. Produced and managed by CFP Group.