CHOW SANG SANG(HK:00116) 财联社·2026-01-09 14:02Core Viewpoint - The article discusses the significant price increase of a specific gold necklace from Chow Sang Sang, highlighting the impact of rising gold prices and the company's pricing strategy in response to market conditions [1][8]. Price Increase Details - The price of the "Golden Sheng Sheng You Xi" series pearl four-leaf clover necklace was raised from 120,800 yuan to 136,000 yuan, an increase of 15,200 yuan in just one day [1][6]. - After applying a discount for purchases over 3,800 yuan, the final price is 135,940 yuan [1][4]. Market Trends - As of January 9, gold jewelry prices from major brands, including Chow Sang Sang, are approaching 1,400 yuan per gram, with Chow Sang Sang's gold jewelry priced at 1,392 yuan per gram, up from 1,376 yuan per gram on January 5, marking an increase of 16 yuan per gram [8]. - Other brands like Chow Tai Fook and Chao Hong Ji are also pricing their gold jewelry at 1,392 yuan per gram [8]. Price Adjustment Context - Chow Sang Sang's price adjustment is the first public price change among major gold jewelry brands in 2026, with increases ranging from 200 to 1,500 yuan for various products [9]. - The price hikes are attributed to rising material costs, including gold prices, design fees, and patent fees [5][9]. Industry Performance - Chow Sang Sang reported a revenue of 11.036 billion HKD for the first half of 2025, a decrease of 2.45% year-on-year, while net profit attributable to shareholders increased by 71.44% to 900 million HKD [10].