Table of Contents
HK JEWELLERS – DEMAND COULD SLOW ON FLAT GOLD PRICE.........3
WATCH RETAILERS – LUXURY WATCH DEMAND IS DROPPING..............7
COMPARISON OF 5 JEWELLERY AND WATCH RETAILERS......................9
COMPANY UPDATE
CHOW TAI FOOK....................................................................11
EMPEROR WATCH & JEWELLERY.............................................37
LISTED COMPANIES IN THIS REPORT................................................42