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Luxury Goods

1,345.400

-38.945-2.81%

Number of Gainers:2

Number of Losers:7

Number of Flat:3

PE:- -

High:1,381.574

Open:1,341.133

Low:1,311.871

Close:1,384.345

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Global Equity Losses Continue as Fears of a Global Economic Slowdown Mount

Hengdeli Renews Service Provision Contract

MT Newswires Live

Emperor Watch & Jewellery Unit to Form JV Company

MT Newswires Live

BRIEF-Emperor Watch & Jewellery Says China And Xiaoduocai To Form JV Companies

Emperor Watch & Jewellery Ltd - China and Xiaoduocai to Form Jv Companies

THOMSON REUTERS

Emperor Watch & Jewellery Ltd - Jv Companies to Focus on Precious Metals and Jewellery in China

THOMSON REUTERS

European Luxury Companies Fall After Tariffs; Profit Margins Expected to Shrink -- Market Talk

GLD ETF Gains 0.2%

Risk Off Trade Is Getting Crowded. It's More Worry Than Panic

Market Chatter: New World Development Revising Terms for Two Loans

MT Newswires Live

Prada Still Has All the Stars Aligned -- Market Talk

GLD ETF Gains 1.3%

Citychamp Watch & Jewellery to Swing to Loss in 2024

MT Newswires Live

BRIEF-Citychamp Watch & Jewellery Expects Loss Of HK$250 Mln For 2024

Chow Sang Sang Holdings International Posts FY Capex Of HKD214 Mln

Chow Sang Sang Holdings International - Final Dividend of HK36.0 Cents per Share

THOMSON REUTERS

Chow Sang Sang Holdings International FY Revenue From Cont Ops HKD 21,176 Million

THOMSON REUTERS

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Oil-and-gas companies also fell on fears of a global recession that damped oil demand, coupled with OPEC+'s planned increase in supply.This followed the worst day on Wall Street since 2020, with Thursday's plunge slashing more than $3 trillion from the market value of U.S. stocks.In Europe, Italy's FTSE MIB was the steepest faller, trading down 3.3%. Switzerland's SMI and Germany's DAX fell around 2% while France's CAC 40 was down 1.5%. and the U.K.'s FTSE 100 was down 1.3%.It was a mixed picture for European luxury stocks, which recorded some of the heaviest losses Thursday. While LVMH and Kering traded in the green, Prada was down 4.6%. Switzerland's Richemont and Swatch Group both tr","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"960e2ef4d77f2498ebbcdd0caa7ded28","theme_name":"🔥TrendingNo.3 · Global Recession Fears Impact Mining and Tech Stocks","theme_type":2,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03143","CFRUY","HSHD.SI","BK1601","LU0516422952.EUR","LU0348735423.USD","LU0326950275.SGD","BK4585","LVMUY","LU0607220059.USD","LU0164880469.USD","HSBC","BK1545","LU0516422440.USD","LU0516423091.SGD","STAN.UK","BK1577","01913","BK4202","LU0181495838.USD","SG9999000327.SGD","LU0634319403.HKD","LU0540923850.HKD","02888","LU0417516738.SGD","BK1231","LU0516422366.SGD","LU0149721374.USD","BK1610","HSBA.UK","LU1481107354.HKD","BK1502","BK1227","BK1572","LU0516423174.USD","LU0149534421.HKD","SG9999001689.USD","SWGAY","BK4588","BK4215","EQR","00005","BK1602"],"gpt_icon":0},{"id":"2524220061","title":"Hengdeli Renews Service Provision Contract","url":"https://stock-news.laohu8.com/highlight/detail?id=2524220061","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524220061?lang=en_us&edition=fundamental","pubTime":"2025-04-04 14:34","pubTimestamp":1743748457,"startTime":"0","endTime":"0","summary":"Hengdeli  renewed an agreement to continue providing shop design and decoration services to Primetime for the year commenced Jan. 1, a Thursday filing with the Hong Kong bourse said.The renewal came as the previous agreement expired Dec. 31, 2024.The annual cap for transactions under the contract for the year ending Dec. 31 was set at 21 million yuan.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1545","03389","BK1224","BK1227"],"gpt_icon":0},{"id":"2524252575","title":"Emperor Watch & Jewellery Unit to Form JV Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2524252575","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524252575?lang=en_us&edition=fundamental","pubTime":"2025-04-03 21:06","pubTimestamp":1743685572,"startTime":"0","endTime":"0","summary":"Emperor Watch & Jewellery  unit Emperor Jewellery  agreed to form one or multiple JV companies with Zhangjiajie Free Trade Zone Xiaoduocai Investment Management, a Thursday filing with the Hong Kong bourse said.The JV firms will engage mainly in the design, production, and sales of precious metals and jewellery products under the \"Emperor Jewellery\" brand in Mainland China.Following formation, the watch and jewelry retailer's jewelry business operations in Mainland China will be taken up by the JV companies.The two parties will hold a 51% and 49% equity stake in the JV firms, respectively, which will be formed with a total cash capital commitment of up to 346 million yuan. Of this, Emperor Jewellery  will contribute no more than 168 million yuan.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1545","00887","BK1114"],"gpt_icon":0},{"id":"2524239806","title":"BRIEF-Emperor Watch & Jewellery Says China And Xiaoduocai To Form JV Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2524239806","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524239806?lang=en_us&edition=fundamental","pubTime":"2025-04-03 17:58","pubTimestamp":1743674330,"startTime":"0","endTime":"0","summary":"BRIEF-Emperor Watch & Jewellery Says China And Xiaoduocai To Form JV CompaniesApril 3  - Emperor Watch & Jewellery Ltd 0887.HK:CHINA AND XIAODUOCAI TO FORM JV COMPANIESJV COMPANIES CAPITAL COMMITMENT UP TO RMB346 MILLIONJV COMPANIES TO FOCUS ON PRECIOUS METALS AND JEWELLERY IN CHINAFurther company coverage: 0887.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nFWN3QH09U:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1545","BK1114","00887"],"gpt_icon":0},{"id":"2524623819","title":"Emperor Watch & Jewellery Ltd - China and Xiaoduocai to Form Jv Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2524623819","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524623819?lang=en_us&edition=fundamental","pubTime":"2025-04-03 17:18","pubTimestamp":1743671907,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nFWN3QH09U:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1114","00887","BK1545"],"gpt_icon":0},{"id":"2524381942","title":"Emperor Watch & Jewellery Ltd - Jv Companies to Focus on Precious Metals and Jewellery in China","url":"https://stock-news.laohu8.com/highlight/detail?id=2524381942","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524381942?lang=en_us&edition=fundamental","pubTime":"2025-04-03 17:18","pubTimestamp":1743671907,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nFWN3QH09U:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["00887","BK1545","BK1114"],"gpt_icon":0},{"id":"2524286856","title":"European Luxury Companies Fall After Tariffs; Profit Margins Expected to Shrink -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524286856","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524286856?lang=en_us&edition=fundamental","pubTime":"2025-04-03 16:00","pubTimestamp":1743667200,"startTime":"0","endTime":"0","summary":"0800 GMT - European luxury companies fall at market open after U.S. President Trump's tariffs announcement. Luxury and sporting-goods companies are at great risk of their profit margins shrinking as a result of the tariffs, which are more severe than expected, RBC Capital Markets analyst Piral Dadhania says in a research note. The bank estimates elevated tariff impact for Burberry and Swatch, while LVMH and Moncler are the least exposed. The biggest fallers at market open include Prada and Richemont, dropping 4%, and Burberry and Swatch down 3.8%. Shares in Ray-Ban maker EssilorLuxottica lose 5.2%. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0181495838.USD","BK1227","BK1545","BK4198","01913","BK4202","LU0326950275.SGD","BK1502","BK4588","BK1602","LVMUY","ESLOY","BK1577","SWGAY","BK4585"],"gpt_icon":0},{"id":"2524460504","title":"GLD ETF Gains 0.2%","url":"https://stock-news.laohu8.com/highlight/detail?id=2524460504","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524460504?lang=en_us&edition=fundamental","pubTime":"2025-04-03 04:35","pubTimestamp":1743626100,"startTime":"0","endTime":"0","summary":"This article was automatically generated using Dow Jones technology.Shares of SPDR Gold Shares advanced 0.2% to $288.16 Wednesday on what proved to be an overall favorable trading session for the U.S. stock market, with the S&P 500 Index rising 0.7% to 5,670.97.The ETF's shares closed 0.3% below the 52-week high of $289.13 seen on April 1, 2025.Trading volume was 9,962,594, compared to the 65-day average trading volume of 8,196,365.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GLD","02840","BK4570","BK4585","BK1224","BK4504","00280","BK4588","FDN","BK1545","BK4550","O87.SI"],"gpt_icon":1},{"id":"2524117816","title":"Risk Off Trade Is Getting Crowded. It's More Worry Than Panic","url":"https://stock-news.laohu8.com/highlight/detail?id=2524117816","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524117816?lang=en_us&edition=fundamental","pubTime":"2025-04-02 15:07","pubTimestamp":1743577620,"startTime":"0","endTime":"0","summary":"Anxiety about President Donald Trump's tariff plans is driving a surge toward safe haven assets such as gold and Treasury bills. Just don't call it a panic yet -- it's closer to a worry.Wall Street has been prepping for the tariff rollout on Wednesday, with projections on inflation moving higher. Goldman Sachs raised 2025 core inflation estimate by 0.5 percentage points. Meanwhile, targets for the S&P 500 are headed lower. The concern is that tariffs could push up consumer prices and curb economic growth.That has led investors to put money into the world's safest assets at a dizzying pace.Net flows into the SPDR Gold Shares exchange-traded fund in February and March, on an average, were more than 30 times the average seen over the past two decades.The front-month Comex Gold futures contract gained 19% in the first quarter, the best gain for gold since 1986. The precious metal stuck close to its record level on Tuesday.\"A rise above 2% consistently that would be a much more negative sig","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OEF","BK1545","SPY",".SPX","UPRO","GLD","00280","BK4585","OEX","BK4581","SSO","IVV","O87.SI","ESmain","BK4588","BIL","SH","BK1224","BK4534","SDS","VOO","SPXU","BK4570","BK4504","02840","BK4550","BK4559"],"gpt_icon":1},{"id":"2524868614","title":"Market Chatter: New World Development Revising Terms for Two Loans","url":"https://stock-news.laohu8.com/highlight/detail?id=2524868614","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524868614?lang=en_us&edition=fundamental","pubTime":"2025-04-02 12:41","pubTimestamp":1743568865,"startTime":"0","endTime":"0","summary":"New World Development  is enhancing the terms of two loans for HK$87.5 billion, including pledging a prized property it already put up for collateral for another facility, Bloomberg News reported Tuesday, citing people familiar with the matter.The developer will offer the Victoria Dockside shopping complex in Tsim Sha Tsui, Hong Kong as a second-ranking security behind banks, the report said, citing the sources.The complex is part of about 40 other properties to be pledged as collateral for other loans, Bloomberg said.New World is also seeking a new HK$15.6 billion loan with Victoria Dockside as collateral, the report said.Chow Tai Fook Enterprises, the parent of Chow Tai Fook Jewellery  and also controlled by NWD's owners, will provide a \"letter of comfort\" to show support for the two loans, the report said.The loans will be used to refinance debt due in 2027 and beyond, Bloomberg said, citing sources.New World did not immediately respond to a request for comment from MT Newswires.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0831093199.SGD","BK1602","SG9999011746.SGD","IE00BYTNYN87.SGD","00017","BK1224","BK1545","IE00B12V2V27.USD","BK1559","IE00BYQNZ168.SGD","BK1601","BK1502","BK1216","01929","LU0762540952.USD"],"gpt_icon":0},{"id":"2524198210","title":"Prada Still Has All the Stars Aligned -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2524198210","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524198210?lang=en_us&edition=fundamental","pubTime":"2025-04-01 17:50","pubTimestamp":1743501000,"startTime":"0","endTime":"0","summary":"0950 GMT - Prada looks set to continue with its growth trajectory, boosted by the Miu Miu brand, Citi analyst Thomas Chauvet says in a note. The analyst expects the Italian luxury-fashion firm to report sales growth of 11% at constant currency to 1.33 billion euros in the first quarter. \"All stars still seem aligned for Prada,\" Chauvet says. As for the company's potential interest in Versace, the Italian brand owned by Capri Holdings, Citi says the label could be a good fit for Prada. Versace's bold aesthetics could complement the company's portfolio, offering a distinct positioning, geographically and product-wise, the analyst says. Shares in Hong Kong trade 1.3% higher. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1227","BK1502","BK1602","LU0326950275.SGD","LU0181495838.USD","01913","BK1545","BK1577"],"gpt_icon":0},{"id":"2522349205","title":"GLD ETF Gains 1.3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2522349205","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522349205?lang=en_us&edition=fundamental","pubTime":"2025-03-28 04:35","pubTimestamp":1743107700,"startTime":"0","endTime":"0","summary":"This article was automatically generated using Dow Jones technology.Shares of SPDR Gold Shares rose 1.3% to $281.97 Thursday on what proved to be an overall negative trading session for the U.S. stock market, with the S&P 500 Index falling 0.3% to 5,693.31.Trading volume was 8,282,193, compared to the 65-day average trading volume of 7,858,045.As of March 26, the fund's net asset value totaled $277.90 per share.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1545","00280","FDN","GLD","O87.SI","BK4588","02840","BK4504","BK4585","BK1224","BK4550","BK4570"],"gpt_icon":1},{"id":"2522316846","title":"Citychamp Watch & Jewellery to Swing to Loss in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2522316846","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522316846?lang=en_us&edition=fundamental","pubTime":"2025-03-27 13:33","pubTimestamp":1743053602,"startTime":"0","endTime":"0","summary":"Citychamp Watch & Jewellery Group  expects a HK$250 million attributable loss for 2024, reversing from a HK$45.1 million profit a year earlier, according to a Wednesday filing on the Hong Kong Exchange.The luxury watch and jewelry maker attributed the loss to a goodwill impairment, inventory provisions, and weak consumer sentiment, which led to more cautious spending.The impairment and inventory provisions are non-cash, non-recurring items.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00256","BK1545","BK1227"],"gpt_icon":0},{"id":"2522555384","title":"BRIEF-Citychamp Watch & Jewellery Expects Loss Of HK$250 Mln For 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2522555384","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522555384?lang=en_us&edition=fundamental","pubTime":"2025-03-26 23:48","pubTimestamp":1743004134,"startTime":"0","endTime":"0","summary":"BRIEF-Citychamp Watch & Jewellery Expects Loss Of HK$250 Mln For 2024March 26 (Reuters) - 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