jewelry stores : Market value of jewelry in Hong Kong

Market value of jewelry in Hong Kong

Hong Kong is a center for the import, export and sale of jewelry is one of the world, because Hong Kong is a free port It is also an important center of commerce and tourism in the region. Hong Kong is a market of gems and jewelry, the top five in Thailand, after the United States, Israel, Belgium and the United Kingdom in the year 2546, Thai exports to Hong Kong for approximately $ 5523 million, an increase of approximately 20% compared to the year 2545, gems and jewelry. Hong Kong is the most popular import of Thai gems and jewelry, including diamonds, pearls and gems and jewelry, followed by the synthesis Artificial gems and jewelry, respectively.

 Interesting information about the gem and jewelry market in Hong Kong are as follows. 1. The tax rate in Hong Kong as a port to import goods, gems and jewelry in Hong Kong do not pay any import tax and VAT. And do not require official permission to import from Hong Kong.
2. Rules and regulations. - The Trade Descriptions (Marking) (Gold and Gold Alloy) / (Platinum) Orders are the rules of the goods, gems and jewelry made of gold and platinum or a mixture of gold and platinum. Must be stamped to show the amount of pure (Fineness) of metal per unit weight. The purity of gold / platinum shall not be less than the stamp specify. Hong Kong, the jewelry, gold / platinum with a purity of not less than 8 carats, the hallmarking of purity. For identifying the purity can be achieved as follows.
- The purity of gold / platinum diamond may indicate a unit with a big arc. Big numbers associated with the letters k, c or ct as stamped "14K" to ensure that it is made of 14 karat gold.
- Or it may indicate the purity of gold / platinum as the Big R in parts per thousand, including the stamp "333" to ensure that is made of gold, 33.3% or 8 ct.
- Or it may indicate the purity of gold with words in Chinese, "Chuk Kam" on the purity of gold no less than "990", etc.
- Kimberley Process (KP) Certification Scheme in Hong Kong is one of 50 countries (including Thailand), which ratified the agreement, Kimberley Process, which is designed to prevent trade in conflict diamonds that come from unlawful or from countries that support terrorism. ill. The proceeds from the sale of diamonds to fund conflict or cause bloodshed. In the period from January 2, 2546 through Hong Kong to import or export of rough diamonds in Hong Kong need a Kimberley Process (KP) Certificate or certificates of import or export of diamonds, not cut (Rough Diamond) or diamond. for the import and export of all time.
However, Thai exporters can apply for a Kimberley Process Certificate from the Department of Foreign Trade. Ministry of Commerce To submit to the Department in carrying out the export formalities. With documents. Buyers in Hong Kong to serve as a document to import.
3. And consumer tastes. Divided into two groups is. Hong Kong consumers. Divided into several groups, including women's groups who are married and are often high, gold jewelry, not a lightweight. The design is simple. The high-income groups, single men in gold jewelry that is large and the dashing While conservatives tend to buy gold jewelry for investment is the key.
The type of platinum, diamonds, silver jewelry, popular, young, rock, artificial pearls and gold 18K.
Foreign tourists. The Mainland Chinese (55% of all foreign visitors), by buying gold jewelry is stamped "Chuk Kam", which have a unit price of about 100-150 U.S. dollars, and jewelry (low grade), the Chinese are. Buy high, sell jewelry in precious stones and pearls etc.
4. Exhibition in Hong Kong. Hong Kong has an exhibition of jewelry and accessories annually. That is, The Hong Kong International Jewellery (held in February and March of each year) and The Hong Kong Jewellery and Watch Fair (held in June and September of each year), an exhibition of gems. jewelry and the largest in Asia. The exhibitors will help Thai exporters have the opportunity to meet with leaders from Hong Kong directly.