Rise in Hong Kong Jewelry Market, Exports Up 6% in Early 2024 In the first two months of 2024, Hong Kong experienced a modest increase in jewelry exports and retail sales, signaling a steady recovery in business and consumer sentiment. According to the Census and Statistics Department, jewelry shipments rose by 6% year-over-year to approximately US$4.4 billion. Retail sales of jewelry, watches, clocks, and valuable gifts also increased by 8.8% to around US$1.3 billion during the same period, despite a slight dip in February’s sales. This growth is attributed to improved exports to China and the US, enhanced household incomes, and government efforts to boost consumer spending, although changing consumption patterns continue to challenge the sector. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yellen Cautions: Inflation’s Decline Might Not Be Smooth READ MORE Gold Market ETF Demand Hits Two-Year Peak READ MORE Gold Hovers Near Peak as Markets Anticipate Fed's Next Move READ MORE Gold's Resilience Tested: Metal Stabilizes After Steep Decline READ MORE ADP Reports Slight Miss in Private Sector Job Growth for February READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment