Hong Kong Jewelry Show Fizzles Out; No Foot Traffic, Luxury Goods Unsold

The video shows that on the first day of the Hong Kong Jewelry Show, the Pearl Hall had been open for half an hour, but it remained quiet, with few visitors. Compared to previous years, the difference is significant.
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[tobelee]

who would have thought that CCP taking Hong Kong as their own and deploy laws that punish people who are oppose to them would deter investors and customers 🤷

[elliotmotola]

This is also not the type of show they can pay auntie and old uncles to fill the expo like they do

[FarlessWarriorMindset]

On the brighter side of things, visitors to the Hong Kong Jewellery Show have complimented on how they were able to move easily from stall to stall in a leisurely manner without being stressed by crowds. 😂😂😂

[killmozzies]

Hong Kong has been strangled and punished by the CCP just for being democratic and enjoying life.
Investers will be a long time returning to CCP land

[juliedunne]

People haven't got money to waste

[jcany]

The woman suggested it is a good deal to buy now, most likely she holds a Canadian passport and the family is a high ccp official on the mainland. As there are over 300 thousand chinese carry Canadian passports in HK.

[EdSeyfert]

Because people know the jewelry is Temu dreg quality, in other words… is

[UtamagUta]

"Prices were higher than sourcing from miners directly" - well no d'uh

[BLACKAAROW]

anyone who believes they can earn 14% yield on gold is a fool, if you can't hold your gold then you don't own it!

[RambleOn.]

Luxury brands are down worldwide. But the decrease demand of Chinese market will pummel the major/name brands.
They ALLL need to stop raising prices, & improve the quality of products, as well as CREATIVITY, to EVEN think abt winning over an "AVERAGE" buyer (aspirational clients)

[davidgeiszler]

CCP says" Let them eat cake"

[Rantsack]

Many jewelry stores closed because some of their jewelry is thickly plated. They would place a piece of metal and wrap and solder gold around it. So if anything happens, they will not be found.

[ronswanson]

It's not as bad as the plastic rice thing

[HcCh-smkk]

Economy is so bad globally, jewel is the last thing on most ppl's mind i bet.

[Serahpin]

When it comes to buying gold and silver, if you don't hold it then you don't own it.

[chocobrowniewin]

Well I would assume that if you took gold as an investment, the fall in gold prices would be good as you can buy more pieces while waiting for the price to rise again.
This benefits those who have surplus funds. That's not very many people.

[wheezysqueezebox]

If you buy gold, take it home, with you!

[andrewhu]

Totalitarianism always ends the same way.

[midimusicforever]

It's OOFconomy, people don't have money to spend there.

[ric]

Is near to closing time for the day.😂 Will open again tomorrow.