Dear Friends, As we usher in the Jewish New Year, I want to share with you several positive developments in the diamond industry that inspire both encouragement and optimism. To begin, I extend sincere congratulations to the AWDC and the European Union for successfully securing a zero-tariff agreement on diamonds polished within the EU upon … Read more
A few weeks before the Hong Kong show, the Hong Kong and China markets started to pick up after the Chinese New Year holiday. Sales and sentiment improved significantly. The Southeast Asian market also performed well over the past year, with local economies in countries like Thailand, Indonesia, the Philippines, and Cambodia showing strong growth. … Read more
Dear Friends, Last month in my President’s Letter, I called for the industry to unite behind a major marketing campaign to create demand for natural diamonds. Others also sounded this call, and for the first time it seems that we have been heard. It seems that we have found the golden formula that would enable … Read more
Q. How has Chow Tai Fook, one of the largest and most important jewelry retailers in Asia, been impacted by the Covid pandemic? How has it been impacted by local and global economic trends? The ongoing impact of the pandemic, combined with geopolitical instability and rising inflation globally, created challenging conditions for businesses. Despite the … Read more
Q. Lawrence Ma, what are your current titles/functions in the diamond industry, both private and organizational? Founding President and Chairman, Diamond Federation of Hong Kong Chairman, Hong Kong International Jewellery Show and Hong Kong International Diamond, Gem & Pearl Show Fair Organizing Committee, Hong Kong Trade Development Council Director, The Chinese General Chamber of Commerce Vice-president, Shanghai … Read more
