Sharing the development of the industry, the fast-growing jewelry chain business(1)

Of basic conclusions, valuation and investment advice

As is accompanied by the economic growth and increased income from the consumer’ comsumption to upgrade, so that ushering China’s jewelry industry in a new period of development. According to the statistics Gemmological Association in China, in the next few years, China’s jewelry market will maintain a growth rate of more than 15% in the industry; which is expected to sub-sub-sectors K Gold jewelry demanding growth will reach 25% -30%, gems and jewelry industry, where there is also a huge space for development.

Currently of the high-end jewelry market occupied by the international famous brands, while the Chow Tai Fook, Chow Sang Sang, TSL, Luk Fook Hong Kong brands such the mass popularity in the market at the leading edge, but we think that lead is not insurmountable.

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