China's crackdown pushes wealthy to gold, lifting Hong Kong jewellery sales
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The Edge Malaysia
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China's crackdown pushes wealthy to gold, lifting Hong Kong jewellery sales
A tour guide leading a group of tourists in the Tsim Sha Tsui area in Hong Kong in August. (Nov 5): Hong Kong’s jewellery and watch sales have surged to their highest level since 2019 despite China’s broader luxury slowdown, as the rich turn to gold and gemstones to preserve wealth amid Beijing’s t»»»
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