Mainland Chinese

2023 Jewellery Consumer Trends Report

Retrieved on: 
Tuesday, November 7, 2023

Shaping the Future of Jewellery Consumption in China and Beyond: Preferences and Desires of Generation Z and Millennials

Key Points: 
  • Shaping the Future of Jewellery Consumption in China and Beyond: Preferences and Desires of Generation Z and Millennials
    Chow Tai Fook Jewellery’s “2023 Jewellery Consumer Trends Report” highlights the strength of the market opportunity for natural diamonds and pure gold in China, despite the dynamic macroeconomic climate
    Chow Tai Fook Jewellery Group today published its first-ever “2023 Jewellery Consumer Trends Report” to chart the evolving preferences of young consumers in Mainland China and Hong Kong, and their motivations for purchasing natural diamonds and pure gold jewellery
    (Hong Kong, China, 31 October 2023) Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), China’s leading jewellery brand built on nearly a century of trust and innovation, today published its first-ever “2023 Jewellery Consumer Trends Report” to chart the evolving preferences of young consumers in Mainland China and Hong Kong, and their motivations for purchasing natural diamonds and pure gold jewellery.
  • “Our first-ever Jewellery Consumer Trends Report captures the evolving preferences of Mainland Chinese and Hong Kong consumers.
  • The findings from the “2023 Jewellery Consumer Trends Report” underscore exciting long-term opportunities for the jewellery market in Mainland China and Hong Kong, driven by the strong appetite for natural diamonds and gold jewellery among consumers.
  • Chow Tai Fook Jewellery has commissioned IPSOS, an independent multinational market research firm, to undertake the survey for its foremost Jewellery Consumer Trends Report.

Global Blue Introduces Financial Guidance and Long-term Targets

Retrieved on: 
Monday, September 25, 2023

In addition, Global Blue is providing guidance through FY24/25 as the Company expects that its business will continue to recover from the effects of the pandemic through FY24/25, and it does not expect to provide multi-year guidance thereafter.

Key Points: 
  • In addition, Global Blue is providing guidance through FY24/25 as the Company expects that its business will continue to recover from the effects of the pandemic through FY24/25, and it does not expect to provide multi-year guidance thereafter.
  • In addition, Global Blue expects to see the continued benefit from its technology investments, in the form of greater digitalization and further commercial gains.
  • Overseas Luxury Market Premium: In line with historical track-record, Global Blue expects the Overseas Market growth to outpace that of the broader Luxury Market.
  • Global Blue is pleased to introduce guidance and long-term targets that reflect the ongoing international travel recovery, as well as technology-driven initiatives that are helping to drive growth, profitability, and cash flow generation.

Global Blue Releases the Monthly Tax Free Shopping Business Update for July 2023

Retrieved on: 
Thursday, August 10, 2023

Fresh data from Global Blue (NYSE:GB) reveals that the overall global dynamic recovery for Tax Free Shopping has remained stable in Continental Europe, with a strong acceleration in Asia Pacific.

Key Points: 
  • Fresh data from Global Blue (NYSE:GB) reveals that the overall global dynamic recovery for Tax Free Shopping has remained stable in Continental Europe, with a strong acceleration in Asia Pacific.
  • Globally, issued Sales in Store like-for-like recovery reached 121%1 in July versus 118%1 in Q2 2023.
  • In Continental Europe, the recovery remains stable, reaching 118%1 in July vs. 121%1 in Q2 2023.
  • Following closely are North East Asia residents, with a recovery rate of 191%1 in July vs. 150%1 in Q2 2023.

Ping An ranked 33rd in the Fortune Global 500 List, 1st among global insurance enterprises

Retrieved on: 
Thursday, August 3, 2023

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million.

Key Points: 
  • Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million.
  • The Group ranked 5th among global financial enterprises, ranked 4th among the Mainland Chinese financial enterprises, and maintained 1st place among global insurance enterprises for five consecutive years since 2019.
  • In 2022, Ping An's revenue amounted to RMB1.11 trillion, operating profit attributable to shareholders of the parent company reached RMB148,365 million.
  • Total assets surpassed RMB11.1 trillion, serving close to 227 million retails customers and more than 693 million internet users.

Ping An ranked 33rd in the Fortune Global 500 List, 1st among global insurance enterprises

Retrieved on: 
Thursday, August 3, 2023

Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million.

Key Points: 
  • Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recorded USD181,566 million.
  • The Group ranked 5th among global financial enterprises, ranked 4th among the Mainland Chinese financial enterprises, and maintained 1st place among global insurance enterprises for five consecutive years since 2019.
  • In 2022, Ping An's revenue amounted to RMB1.11 trillion, operating profit attributable to shareholders of the parent company reached RMB148,365 million.
  • Total assets surpassed RMB11.1 trillion, serving close to 227 million retails customers and more than 693 million internet users.

Global Blue Releases the Monthly Tax Free Shopping Business Update for June 2023

Retrieved on: 
Thursday, July 6, 2023

New data from Global Blue reveals that the overall dynamic recovery for Tax Free Shopping has accelerated across Continental Europe and Asia Pacific.

Key Points: 
  • New data from Global Blue reveals that the overall dynamic recovery for Tax Free Shopping has accelerated across Continental Europe and Asia Pacific.
  • Firstly, there has been a re-acceleration to Q1 2023 levels in the recovery of US and Gulf Cooperation Council shoppers in Continental Europe.
  • Secondly, Mainland Chinese shoppers have shown an accelerated recovery, particularly in Asia Pacific, where there are fewer travel-related barriers.
  • In Continental Europe, the recovery has accelerated, reaching 130%1 in June vs. 115%1 in April/May.

Global Blue Releases the Monthly Tax Free Shopping Business Update for May 2023

Retrieved on: 
Thursday, June 8, 2023

Fresh data from Global Blue (NYSE:GB) reveals that the overall dynamic recovery for Tax Free Shopping has accelerated across Continental Europe and Asia Pacific.

Key Points: 
  • Fresh data from Global Blue (NYSE:GB) reveals that the overall dynamic recovery for Tax Free Shopping has accelerated across Continental Europe and Asia Pacific.
  • Globally, issued Sales in Store like-for-like recovery has propelled to 118%1 in May vs. 101%1 in Q1 2023 and 106%1 in April.
  • First, the progressive return of Mainland Chinese shoppers in Asia Pacific, and second, the favorable calendar effect linked to Ramadan2 in Continental Europe.
  • In Continental Europe, the recovery remains solid, reaching 121%1 in May compared to 109%1 in Q1 2023 and 110%1 in April.

Global Blue Releases the Monthly Tax Free Shopping Business Update for April 2023

Retrieved on: 
Thursday, May 11, 2023

New data from Global Blue (NYSE:GB) shows that the overall dynamic recovery for Tax Free Shopping remains strong across Continental Europe and Asia Pacific.

Key Points: 
  • New data from Global Blue (NYSE:GB) shows that the overall dynamic recovery for Tax Free Shopping remains strong across Continental Europe and Asia Pacific.
  • Globally, issued Sales in Store like-for-like recovery remains solid at 106%1 in April vs. 101%1 in Q1 2023.
  • This is despite an unfavorable calendar effect linked to the absence of Gulf Cooperation Council Citizens traveling in April due to Ramadan2.
  • In Continental Europe, the recovery is stable at 110%1 in April compared to 109%1 in Q1 2023.

Digital Economy Summit 2023 Highlights Innovation and Technology, Supercharging Economic Growth and a Smarter Future

Retrieved on: 
Thursday, April 13, 2023

HONG KONG, April 13, 2023 /PRNewswire/ -- Asia's flagship innovation and technology event, the Digital Economy Summit (DES) 2023, kicked off today at the Hong Kong Convention and Exhibition Centre (HKCEC). Jointly organised by the HKSAR Government and Cyberport, the two-day summit held in hybrid format gathers the world's influential leaders in technology, business, academia and government, to explore the significance of technological innovations in boosting economic growth and accelerating the formation of resilient and futureproof digital societies.

Key Points: 
  • DES 2023 aims to inspire regional and global visions for a better digital future.
  • We are now poised to start a new chapter of digital economy development through our persistent pursuit of I&T advancement.
  • To echo the theme of today's Summit, we must embrace the sweeping changes brought about by the digital revolution, in order to emerge stronger than ever in a smarter future.
  • In the afternoon sessions, experts and attendees took an in-depth look at the application of technology in the digital economy.

Digital Economy Summit 2023 Highlights Innovation and Technology, Supercharging Economic Growth and a Smarter Future

Retrieved on: 
Thursday, April 13, 2023

HONG KONG, April 13, 2023 /PRNewswire/ -- Asia's flagship innovation and technology event, the Digital Economy Summit (DES) 2023, kicked off today at the Hong Kong Convention and Exhibition Centre (HKCEC). Jointly organised by the HKSAR Government and Cyberport, the two-day summit held in hybrid format gathers the world's influential leaders in technology, business, academia and government, to explore the significance of technological innovations in boosting economic growth and accelerating the formation of resilient and futureproof digital societies.

Key Points: 
  • DES 2023 aims to inspire regional and global visions for a better digital future.
  • We are now poised to start a new chapter of digital economy development through our persistent pursuit of I&T advancement.
  • To echo the theme of today's Summit, we must embrace the sweeping changes brought about by the digital revolution, in order to emerge stronger than ever in a smarter future.
  • In the afternoon sessions, experts and attendees took an in-depth look at the application of technology in the digital economy.