Core Viewpoint - Multiple gold jewelry brands have raised the prices of gold jewelry, reflecting a significant increase in consumer demand and market activity amid rising gold prices [2][15]. Price Adjustments - Major brands have adjusted their gold prices as follows: - Chow Tai Fook: 1566 CNY/g (+4.75%) - Lao Feng Xiang: 1576 CNY/g (+3.82%) - Zhou Liu Fu: 1561 CNY/g (+4.77%) - Chow Sang Sang: 1570 CNY/g (+4.81%) - Liufuk Jewelry: 1564 CNY/g (+4.76%) - Wo Zhi Cao: 1564 CNY/g (+4.76%) - Lao Miao: 1571 CNY/g (+4.87%) [3][16]. Consumer Behavior - The market in Shenzhen's Shui Bei area is experiencing high foot traffic, with many consumers and dealers actively inquiring and placing orders [3][20]. - The "gold exchange" consumption method, where consumers trade in old gold for new pieces, has significantly increased, with this method accounting for about 20% of sales, up from previous years [9][22]. Seasonal Trends - The Chinese New Year is a traditional peak season for gold consumption, and despite recent price fluctuations, consumer sentiment remains optimistic about gold prices [5][18]. Market Statistics - According to the China Gold Association, gold consumption in China for 2025 is projected to be 950.096 tons, a year-on-year decrease of 3.57%. - Jewelry: 363.836 tons (-31.61%) - Gold bars and coins: 504.238 tons (+35.14%) - Industrial and other gold: 82.022 tons (+2.32%) [11][24]. - Domestic gold ETF holdings are expected to increase significantly, with a total annual increase of 133.118 tons in 2025, a 149.91% rise compared to 2024 [11][24]. Central Bank Activity - Global central banks, including China, have been consistently increasing their gold reserves, with China adding 26.75 tons in 2025, bringing total reserves to 2306.32 tons by the end of December [12][25].

（来源：江苏新闻） 周生生足金挂坠被质疑纯度不足，昨天，广东清远当地市场监督管理部门将已经封存的样品送检。 事件尚无定论，但终于迎来了一个最能服众的解决方案。此前，周生生使用同批次、同款产品、而非涉事产品去送 检，检测结论是足金饰品，这样的结果显然缺乏科学性。但反过来，消费者李女士佩戴一天后发现的刮痕，不能断定 到底是蹭上去的还是商品自带的，而且找金店检测纯度，结果也未必准确啊！ 正所谓真金不怕火炼，商家信誉也是如此。在贵金属购买热潮下，更应将品控底线守牢、把售后机制做优，以真诚高 效的态度直面消费者的疑问，才能让大众消费无忧，真正擦亮自己的金字招牌。 江苏广电荔枝新闻中心记者丨褚启明 编辑丨云中海 （来源：江苏新闻） 周生生足金挂坠被质疑纯度不足，昨天，广东清远当地市场监督管理部门将已经封存的样品送检。 事件尚无定论，但终于迎来了一个最能服众的解决方案。此前，周生生使用同批次、同款产品、而非涉事产品去送 检，检测结论是足金饰品，这样的结果显然缺乏科学性。但反过来，消费者李女士佩戴一天后发现的刮痕，不能断定 到底是蹭上去的还是商品自带的，而且找金店检测纯度，结果也未必准确啊！ 所以，事件争议的焦点已不仅是"纯 ...

Group 1 - Novo Nordisk's semaglutide sales reached 250.84 billion yuan in 2025, with a year-on-year growth of over 10% [5] - The sales breakdown includes 127.09 billion Danish kroner for Ozempic, 79.11 billion for Wegovy, and 22.09 billion for oral semaglutide [5] - In China, the total sales for all three semaglutide products amounted to 6.81 billion Danish kroner (approximately 7.49 billion yuan) [5] Group 2 - The Hong Kong High Court rejected Xu Jiayin's appeal regarding the appointment of a receiver and ordered him to pay 1.2 million HKD in legal fees by February 20 [6] - The National Healthcare Security Administration is conducting collective interviews with mental health insurance institutions to strengthen management and combat misuse of insurance funds [6][7] Group 3 - Panasonic's CFO announced potential layoffs could expand to 12,000 employees, following a previous plan to cut 10,000 jobs globally [8] - Multiple small and medium-sized banks have announced increases in deposit rates ahead of the Spring Festival, while some banks have opted to lower rates [8] Group 4 - Walmart's market capitalization surpassed 1 trillion USD, with a stock price increase of over 24% in the past year [10] - PayPal announced that Enrique Lores will take over as CEO on March 1, aiming to enhance execution efficiency and advance strategic initiatives [11] Group 5 - AMD reported a fourth-quarter net profit of 2.52 billion USD, with a year-on-year growth of 42% and revenue of 10.27 billion USD, exceeding market expectations [23] - Alphabet's fourth-quarter net profit was 34.455 billion USD, a 29.8% increase year-on-year, with total revenue of 113.83 billion USD [21]

Core Viewpoint - The gold jewelry brand Chow Sang Sang (00116.HK) is embroiled in a controversy regarding the gold content of its products, raising questions about consumer trust and the company's reputation [1][2][5] Group 1: Incident Overview - A consumer reported that a gold pendant purchased from Chow Sang Sang had a significant discrepancy in gold content, with differences exceeding 35 percentage points between the highest and lowest measurements [1][2] - The company has stated that its products meet national standards and has conducted its own tests, which confirmed compliance [4][6] - The situation has escalated to involve third-party testing to resolve the dispute [1][2] Group 2: Financial Performance - Chow Sang Sang's net profit for 2024 was 718 million RMB, a decrease of approximately 20% year-on-year [1] - In the first half of 2025, the company reported a net profit of over 800 million RMB, a significant increase of 71.44% compared to the previous year, despite a 2.45% decline in revenue [1][7] - The company has experienced fluctuating financial performance over the years, with net profits showing alternating growth and decline [6][7] Group 3: Marketing and Sales Strategy - Chow Sang Sang has consistently spent over 3 billion RMB annually on marketing from 2021 to 2024, with sales expenses reaching 3.572 billion RMB in 2024, accounting for 18.96% of revenue [1][8] - The company has implemented multiple price adjustments in 2025, citing rising raw material costs as the reason for these changes [8] - Despite the increase in net profit, the company's net profit margin remains low at 8.15%, significantly below competitors like Chow Tai Fook [8]

• 2月4日，外交部发言人林剑主持例行记者会。有记者就日本修宪提问。林剑表示，我们注意到了上述消息。我们敦促日方深刻反省侵略历史， 倾听国内民众和平反战的声音，坚持走和平发展道路，以实际行动取信亚洲邻国和国际社会。 • 2月4日，记者从文化和旅游部获悉，为进一步促进两岸人员往来正常化和各领域交流常态化，回应台湾民众和旅游业界热切期盼，增进两岸同 胞利益福祉，大陆方面将于近期恢复上海居民赴金门、马祖旅游。 • 2月4日，国家医保局发出通知，为进一步加强精神疾病类医保定点医疗机构（含综合医院精神科，以下简称精神类定点医疗机构）管理，严厉 打击违法违规使用医保基金乱象，各省级医保部门要于本周日前组织对辖区内所有精神类定点医疗机构主要负责人进行集体约谈，宣讲医疗保障 相关法律法规和监管政策。 • 2月4日，中国社会科学院发布"2025年中国考古新成果"，新疆吐鲁番巴达木东墓群入选。其中编号为20号的墓中出土了迄今最完整的唐代彩绘木 棺座，12只带翼瑞兽色彩艳丽，包含两匹天马。 • 4月11日开赛！2月4日，2026江苏省城市足球联赛常规赛赛历公布。 • 美国国会参议院银行委员会的全体11名民主党人2月3日致信该委员会 ...

| 当日价 | 1570 | | --- | --- | | 日涨幅 | 4.81% | | 最高价 | 1570 | | 最低价 | 1484 | | 顶位差 | 0 | | 底位差 | 86 | | 平均值 | 1517 | 周生生黄金价格月度统计（2月2日-2月4日，单位：元/克） 2月4日，周生生黄金价格报1570元/克，与昨日（1498元/克）相比，上涨了72元/克，涨幅4.81%，与本 月初（1484元/克）相比，上涨了86元/克，涨幅5.80%。较本月最高价相差0元/克，较本月最低价相差86 元/克，均价1517元/克。 周生生 分时图 日K线 周K线 月K线 14.12 0.17 1.22% 3.37% 2.22% 1.15% 0.00% 1.15% 2.22% 3.37% 13.48 13.64 13.79 13.95 14.11 14.26 14.42 09:30 10:30 12:00/13:00 14:00 16:10 0 3万 5万 8万 摘要2月4日，周生生黄金价格报1570元/克，与昨日（1498元/克）相比，上涨了72元/克，涨幅4.81%， 与本月初（1484元/克）相比，上 ...

Core Viewpoint - The incident involving the jewelry brand Chow Sang Sang highlights significant issues regarding product quality and brand reputation in the gold jewelry industry, raising questions about transparency and consumer rights [1][2]. Group 1: Company Response and Brand Reputation - Chow Sang Sang's initial response to the quality complaint relied heavily on its brand reputation, which reflects a common mindset among established companies that equate brand history with product quality [1]. - The shift from refusing to accept returns to agreeing to a refund indicates a recognition of consumer demands, but this process has already damaged the brand's reputation [1]. Group 2: Industry Concerns and Standards - The core controversy revolves around the true meaning of "pure gold," as the gold content in the pendant varied significantly, with some points showing as low as 64.37%, which raises compliance issues with national standards [2]. - The presence of other metals such as iron, silver, and palladium in the pendant has led to consumer skepticism about the actual composition of gold jewelry, pointing to potential quality control issues in the production process [2][3]. Group 3: Consumer Rights and Detection Mechanisms - The lack of a robust third-party testing mechanism creates an imbalance between consumers and businesses, making it difficult for consumers to obtain timely and affordable authoritative assessments [3]. - The suggestion from market regulatory authorities to seek third-party verification underscores a common challenge in consumer rights protection, where self-conducted tests are often not recognized by companies [2][3]. Group 4: Industry Reflection and Consumer Awareness - The Chow Sang Sang incident serves as a wake-up call for the entire gold jewelry industry, emphasizing the need for stricter product traceability and quality disclosure mechanisms [4]. - Consumers are encouraged to critically assess brand reputation and actively verify product quality certificates and other relevant information before making high-value purchases [4][6]. Group 5: Future Implications and Market Dynamics - The incident has the potential to catalyze a transformation in the industry, shifting from reliance on brand prestige to establishing a genuine quality assurance system [5]. - The ongoing situation highlights the importance of addressing consumer concerns seriously and ensuring that every piece labeled as "pure gold" can withstand scrutiny [5].

Core Viewpoint - The rapid increase in gold prices has led to significant hidden costs and traps for consumers, making it essential to be aware of these pitfalls when purchasing gold jewelry and investments [1][3]. Group 1: Common Traps in Gold Consumption - High labor costs are often the main source of profit for gold retailers, with labor fees ranging from 200 to 500 yuan per gram, which can significantly inflate the total cost of gold purchases [7]. - False promotions create an illusion of savings, as prices are often raised before discounts are applied, resulting in consumers spending more than they realize [9][10]. - Some retailers misrepresent K-gold as pure gold, leading consumers to pay for solid gold while receiving lower-quality products [11]. - Depreciation fees during gold buyback can lead to significant losses, with various hidden charges such as "depreciation fee" and "cleaning fee" reducing the buyback price by dozens to hundreds of yuan [13]. - The "old for new" exchange often results in consumers losing money, as old gold is bought back at low prices while new gold is sold at high prices, along with additional service fees [15]. - Free maintenance services can lead to unexpected costs, as retailers may suggest repairs or upgrades that end up being more expensive than purchasing new items [17]. Group 2: Cost Comparison Across Purchase Channels - Brand gold stores (e.g., Chow Tai Fook) have high gram prices and labor costs, potentially including maintenance fees [17]. - Mall counters offer medium to high gram prices and labor costs, with high commission fees [17]. - Online flagship stores have medium gram prices and labor costs, possibly including shipping fees [17]. - Bank gold bars are priced close to market gold prices with no labor fees, though they may charge for pickup [17]. - Gold exchanges or regulated platforms offer prices close to market gold prices with no labor fees and may waive logistics fees [17]. Group 3: Tips to Avoid Being Overcharged - Consumers should check for proper markings such as AU999 or AU9999 to verify the authenticity of gold [19]. - Requesting a detailed invoice is crucial for consumer protection, ensuring clarity on weight, gold price, labor fees, and product type [21]. - Weighing the gold independently can help avoid discrepancies in weight that could lead to overcharging [23]. Group 4: Labor Cost Comparisons - Chow Tai Fook: Labor fees range from 260 to 450 yuan per gram, known for a wide variety of styles [23]. - Chow Sang Sang: Labor fees range from 240 to 450 yuan per gram, recognized for fine craftsmanship [23]. - Lao Feng Xiang: Labor fees range from 300 to 460 yuan per gram, noted for being a well-established brand [23]. - Chow Tai Fook: Labor fees range from 220 to 430 yuan per gram, often featuring promotions but with high labor costs [23]. - Online flagship stores: Labor fees range from 80 to 200 yuan per gram, with relatively transparent costs [23]. - Bank gold bars: No labor fees, focused purely on investment [23].

瑞财经 刘治颖 2月3日晚间，周生生官方微博再度就"足金挂坠被检测出含铁银钯"一事发声。 周生生表示，针对顾客反馈的相关情况，公司高度重视，第一时间复核了当时出厂批次的破坏性检测报 告，报告显示该批次货品质量完全符合国家相关标准。 周生生称，2月3日，公司已将同批次同款福袋送检至国家珠宝玉石首饰检验集团有限公司（NGTC）， 采用X射线荧光光谱法（XRF）进行检测，该福袋货品的检测结论为足金饰品（报告编号:P- ZSSA2121621）。NGTC对该货品随机选取3个检测点，检测所得金含量结果依次为99.99%、99.99%、 99.98%。 周生生强调，感谢社会各界的关注和监督，公司正全力配合相关部门开展工作，相关进展将及时公布。 随情况说明一同发布的，还有NGTC检测证书以及NGTC检测报告。 周生生 ang >ang 注:证书上指的(含塑料)为饰品配件,用以固定其在手绳的位置。 附件 NGTC 检测证书(报告编号:P-ZSSA2121621): 2 P-ZSSA2121621 足金棒品 1. 392g (含塑料) 饰品 t 11 李女士提供的检测结果照片及视频显示，该挂坠纯度最高点位金含量为99.99%， ...

据央广网报道，4日11时许，记者在广东省清远市清城区市场监督管理局获悉，针对周生生（顺盈时代广场店）黄 金挂坠金含量争议，清城区市场监督管理局在涉事双方的见证下，于3日下午封存样品，今日上午由市场监督管理 部门送检。 目前，涉事双方均在检测现场。该局工作人员介绍，此次送检机构具备鉴定资质，出具的结果具有法律效力。为 保证此次检测过程不受干预，该局工作人员未向记者透露具体检测机构地点及名称。 4日早些时候，该局工作人员告诉记者，鉴于消费者对所购买的黄金饰品质量有异议，经消费者与商家双方协商同 意，由清远市清城区市场监督管理局把涉事饰品送有资质的第三方检测机构检测，后续将根据检测结果依法依规 进行处理。 此前，消费者李女士称，她新购买的周生生足金福袋挂坠佩戴后被刮花，并出现白色痕迹。自行送检后发现，挂 坠不同点位金含量存在差异，还检出铁、银、钯金属元素。3日，周生生公布该批次福袋挂坠的检测报告，称该批 次货品质量完全符合国家相关标准，该批次同款福袋检测为足金。 来源：央广网 原标题：《挂坠已封存送检！"周生生挂坠金含量争议"最新进展→》 编辑：韩娇娇 责编：王珊珊 工作人员向记者展示挂坠封存照片（央广网记者 郑少 ...