92 days ago • Posted by William Ramstein

Gold demand boost from China could rise further

Retailer Luk Fook Holdings International Ltd. saw year-on-year same store sales sales growth of 11% at self-operated shops for its gold products in the quarter ended Dec. 31. It saw a similar rise in its licensed shops, which account for about 96% of total shops on the mainland. E-commerce business sales growth jumped 53%. - Bloomberg