Key Takeaways: Chow Tai Fook’s sales grew 12.4% in the first three months of this year, accelerating from the company’s 6% revenue growth in the six months through September 2023 As China’s largest listed jeweler, Chow Tai Fook could benefit from gold’s recent rise to record high prices By Edith Terry
SHANGHAI/BEIJING Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy.