Core Viewpoint - The recent gold tax reform has significantly impacted the gold trading market in Shenzhen's Shui Bei, leading to a sharp decline in customer traffic and sales, with many merchants halting operations due to increased costs [1] Group 1: Market Activity - The market activity in Shui Bei, the largest gold distribution center in China, has noticeably decreased, almost entering a state of stagnation [1] - Merchants report a substantial drop in customer flow and sales, with some stating that many customers cannot accept the increased prices, leading to a halt in sales for compliant stores [1] Group 2: Supply Chain Impact - Many upstream gold suppliers have ceased operations, as they find it unfeasible to sell at current prices, resulting in a significant reduction in available gold supplies [1] - The term "unable to replenish supplies" reflects the situation where suppliers are not selling, and merchants are unable to restock their inventory [1] Group 3: Recycling Sector - The impact of the new tax policy has also reached the gold recycling sector, with a notable decrease in the number of upstream companies involved in gold recovery [1] - A major company in the industry has stopped its gold recovery business due to the tax implications, as selling gold incurs additional taxes that make it unprofitable [1]
黄金税改冲击水贝：客流锐减 有头部平台停止黄金回收业务
Xin Lang Cai Jing·2025-11-11 15:01