Core Insights - A new jewelry store named Wan Ying Jewelry has been established in Ruili City, with a registered capital of 100,000 RMB [1] Company Overview - The legal representative of Wan Ying Jewelry is Yang Huizhen [1] - The business scope includes wholesale and retail of jewelry, sales of daily ceramic products, non-metallic minerals and products, and metal ores [1] - Additional services offered include jewelry recovery and repair, art and collectible appraisal, professional design services, and packaging services [1] Industry Activities - The store will also engage in the sale of various consumer goods, including clothing, cosmetics, hygiene products, and pre-packaged food [1] - The business will provide information technology consulting, cultural and artistic exchange activities, and conference and exhibition services [1] - The store's operations will be conducted in accordance with the business license, allowing for a wide range of activities without the need for special approvals [1]

Core Insights - A new individual business named Menglin Jewelry Store has been established in Guandu District, with a registered capital of 30,000 RMB [1] Company Overview - The legal representative of the store is Xiao Han [1] - The business scope includes a wide range of retail activities, such as jewelry, internet sales, arts and crafts, gifts, eyewear, watches, adult products, toys, baby products, luggage, leather goods, home appliances, kitchenware, tea sets, photographic equipment, clothing, cosmetics, personal hygiene products, special ceramic products, daily necessities, second-hand daily goods, musical instruments, and hats [1]

天眼查App显示，近日，绵阳市涪城区博创珠宝商行（个体工商户）成立，法定代表人为赵世旺，注册 资本10万人民币，经营范围为一般项目：日用百货销售；珠宝首饰批发；二手日用百货销售；广告设 计、代理；组织文化艺术交流活动；再生资源销售；箱包销售；针纺织品销售；旧货销售；珠宝首饰回 收修理服务；钟表销售；皮革销售；寄卖服务；工艺美术品及收藏品批发（象牙及其制品除外）；艺 （美）术品、收藏品鉴定评估服务；互联网销售（除销售需要许可的商品）。（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动）。 ...

Core Insights - A new jewelry store named Yichang Yiling District Jiupin Lian Jewelry Store has been established, with a registered capital of 10,000 RMB [1] Company Overview - The legal representative of the store is Liang Jiao [1] - The business scope includes retail and wholesale of jewelry, sales of gold and silver products, watches, bags, second-hand goods, daily necessities, and internet sales (excluding items requiring permits) [1] - Additional services offered include software development, network technology services, technical consulting, advertising design and agency, and wholesale and retail of computer hardware and software [1]

Group 1 - Recent fluctuations in gold prices have increased the purchasing cost for wedding "three golds" [1] - Investment gold bars are experiencing high sales, with various sizes selling well [2][7] - Many customers are opting to cash in their gold, with significant amounts being exchanged, such as one customer who converted 500 grams of gold for over 470,000 yuan [4][5] Group 2 - Wedding-related gold jewelry sales have been strong, with one customer purchasing jewelry worth 160,000 yuan [6] - Some consumers are delaying their purchases of wedding gold due to high prices, with costs approaching 100,000 yuan [9] - As of October 24, international gold prices have seen a decline, with futures prices reported at 4,069.1 USD per ounce, down 1.85% [11]

Group 1 - The core point of the news is that southbound funds have been reducing their holdings in Chow Sang Sang Holdings International Limited (00116.HK), with a total net reduction of 69,000 shares over the last five trading days and 231,000 shares over the last twenty trading days [1][2] - As of October 24, 2025, southbound funds hold 7.59 million shares of Chow Sang Sang, which represents 1.12% of the company's total issued ordinary shares [1][2] - The recent trading data shows a consistent decrease in holdings, with specific reductions of 15,000 shares on October 24, 2,000 shares on October 20, and 1,000 shares on both October 17 and October 3 [2] Group 2 - Chow Sang Sang Holdings International Limited operates primarily in jewelry manufacturing and retail, with its business divided into four segments: jewelry manufacturing and retail, precious metals wholesale, securities and futures brokerage, and other related businesses [2] - The jewelry manufacturing and retail segment is responsible for the production and sale of jewelry, while the precious metals wholesale segment engages in the buying and selling of precious metals [2]

Group 1 - The gold market is experiencing a stark contrast, with high demand for collectible items like the 2025 Panda gold coin set, while the international gold price has dropped by 0.28% on the same day [1][5] - In the physical gold market, prices in retail stores remain high, with significant markups compared to wholesale prices in markets like Shenzhen's Shui Bei [4] - The paper gold market is facing a downturn, with major banks reducing their quotes significantly, indicating a disconnect between physical and paper gold prices [3] Group 2 - The price disparity in gold is evident, with retail prices for gold jewelry reaching up to 1223 RMB per gram, while wholesale prices in the Shui Bei market are around 948 RMB per gram, creating a profit margin of nearly 300 RMB [4] - The 2025 Panda gold coin set is being sold at a premium, with a total price of 59,537 RMB, reflecting a high demand despite its price being significantly above the current gold market value [5] - The premium rates for collectible gold coins are exceptionally high, with some coins showing a premium rate of 252%, indicating a speculative market driven by collectors [5]

Group 1 - The core point of the article is that Luk Fook Holdings (00590) has seen a stock price increase of over 4%, currently trading at HKD 26.16 with a trading volume of HKD 19.54 million [1] - The company announced that its overall retail value, retail revenue, and same-store sales for the second quarter exceeded the first quarter, with increases of 18%, 15%, and 10% respectively [1] - Retail value and retail revenue in Hong Kong, Macau, and overseas markets rose by 13%, while same-store sales improved to a double-digit increase of +11% [1] Group 2 - Citigroup released a report indicating that Luk Fook's sales data for the second quarter of fiscal year 2026 fell short of their expectations; however, discussions with management suggested that the profit margin for the first half of fiscal year 2026 is better than anticipated [1] - Citigroup expects the mid-term results to be announced in late November, forecasting an 18% revenue growth, a gross margin expansion of 2.3 percentage points to 35%, and a decrease in general and administrative expenses and sales by 2.4 percentage points to 18.9% [1] - The report also anticipates an increase in hedging losses to HKD 400 million and a net profit growth of 31% [1]

Group 1 - A woman in Hangzhou has been preparing gold jewelry for her son’s wedding for 10 years, initially buying gold when prices were around 200 RMB, and has made a profit of over 200,000 RMB by selling some of it [1] - The recent fluctuations in international gold prices have been notable, with spot gold rising by 0.7% to 4,126.49 USD per ounce on October 23, and COMEX gold futures increasing by 1.91% to 4,143.2 USD per ounce [1] - Following the rise in gold prices, on October 24, the price of Chow Sang Sang's gold jewelry increased to 1,236 RMB per gram, up by 25 RMB from the previous day, while Lao Miao's gold jewelry price rose to 1,227 RMB per gram, an increase of 14 RMB [1]

Group 1 - The U.S. Treasury Secretary announced sanctions against Russia's two largest oil companies, emphasizing the need for an immediate ceasefire between Russia and Ukraine [2] - This marks the first new sanctions against Russia during President Trump's second term, with the President canceling a planned meeting with President Putin, citing inappropriate timing [2] - The sanctions target state-owned Rosneft and private company Lukoil, although the effective date of the sanctions was not specified [2] Group 2 - The gold price quoted by Zhou Liufu on October 23, 2025, remained unchanged at 1145 yuan per gram, with platinum and gold bar prices also stable at 584 yuan per gram and 1040 yuan per gram, respectively [3]