Core Viewpoint - A company in Zhecheng County, Shangqiu, Henan, has cultivated a diamond weighing 156.47 carats, which is the largest known single crystal lab-grown diamond in the world, surpassing the previous record of 150.42 carats [1] Industry Summary - The newly cultivated diamond sets a new benchmark in the lab-grown diamond industry, highlighting advancements in technology and production capabilities [1] - This achievement may influence market dynamics, as larger lab-grown diamonds could attract more consumers and investors, potentially shifting preferences from natural to lab-grown options [1] - The record-breaking diamond reflects the growing trend and acceptance of lab-grown diamonds in the luxury goods market, indicating a potential growth trajectory for companies involved in this sector [1]