Chow Tai Fook: Weak demand in China, turnaround hopes
Chow Tai Fook Jewellery faces weak demand in China and a struggling real estate market, impacting gold and luxury jewelry sales. Investors hope for travel normalization and luxury demand recovery.
Gold prices surge past $5,280/oz, breaking records with 20% YTD rise. Goldman Sachs raises forecast to $5,400/oz. Chinese jewelry prices increase, attracting investors amid global uncertainties.
DALA Awards 2025 recognized 35 winners for data and AI innovation across various categories, promoting Hong Kong's leadership in the data economy and smart city development.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.