Diamond News
Hesitating Chinese Buyers Cause Slow Sales at Hong Kong Show
The Diamond Loupe
English
Hesitating Chinese Buyers Cause Slow Sales at Hong Kong Show
The September Hong Kong Jewellery & Gem World Fair experienced slow sales and light attendance, particularly from mainland Chinese buyers, due to factors like a real-estate crisis, a typhoon, national holidays, and stricter customs regulations. Many Chinese buyers hesitated to make purchases, particularly pearls, due to import concerns. While high-end colored gems and cultured pearls saw limited sales due to high prices, the Lab-Grown Diamond section reported positive activity, with buyers showing interest in larger sizes and innovative designs.
