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  • Jewellery giant Luk Fook Holdings says its interim net profit increased slightly by 0.6% year-over-year to $84 million USD (HK$658 million) for the six-month period ending September 30, mainly due to a recovery of retail business in Hong Kong, which was most notably offset by a 21% drop in wholesale revenue on mainland China.
    The retailing business remained the group's primary source of revenue, which benefited from declining gold prices and recovery of retail sentiment in some regions.

  • Informa Markets announced the mother of all fairs, Hong Kong September, will temporarily be moved to Singapore, under the name JGW Singapore, taking place Sept 27-30 at Singapore Expo. The move, after two years of absence as international trade show, will allow foreign buyers and exhibitors to attend.