Hong Kong-listed Chow Tai Fook Jewellery targets mainland China’s smaller cities to tap young consumers’ growing appetite for gold
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Young consumers in lower-tier cities have shown an increasing penchant for gold and diamonds, and the time is right to set up stores there to tap the burgeoning demand, said managing director Kent Wong Siu-kee.