深圳水贝下架“投资金” 相关人士独家回应

Core Viewpoint - The adjustment in pricing at the Shenzhen Shui Bei market reflects the impact of the new gold tax policy, leading to the removal of the distinction between "investment gold" and "jewelry gold" in pricing, as the market adapts to changes in profitability and consumer behavior [1][2][7]. Group 1: Market Changes - The Shui Bei market, known as China's largest gold and jewelry wholesale market, has stopped displaying "investment gold" prices following the new tax policy introduced in November [1][2]. - The market's pricing system has shifted to only show prices for gold, platinum, and silver, with gold prices now closely resembling the previous "jewelry gold" prices [4][5]. - The adjustment is attributed to the differentiation in profit margins between member and non-member units of the Shanghai Gold Exchange, leading to a reduced number of participants in the investment gold business [7][9]. Group 2: Tax Policy Impact - The new tax policy categorizes gold into investment and non-investment types, encouraging investment gold to be traded on centralized exchanges [2][8]. - The tax reform has resulted in increased costs for non-investment gold, which may lead to higher retail prices for consumers [9]. - The policy aims to promote a healthier industry development by concentrating investment gold transactions within member units of the exchange, while non-investment gold faces higher tax burdens [9][10]. Group 3: Market Dynamics - The Shui Bei market is experiencing a transition period as many merchants adapt to the new tax regulations, with some ceasing investment gold sales altogether [5][6]. - The market is characterized by a "front store, back factory" model, where most businesses do not hold licenses for financial investment, focusing instead on wholesale operations [6][10]. - Future strategies for the Shui Bei market may involve enhancing supply chain support and exploring new avenues in branding, talent acquisition, and quality assurance [10].