Financial Management
Hyderabad Stocks:2023 Jewelry and jade industry's uneven cold and warm: pearls increased by 46%, diamond dropped 27%
Recently, the Indian Jewelry and Jade Jewelry Industry Association issued the "Development Report of the Indian Jewelry Industry in 2023".The report shows that in 2023, the market size of China's jewelry and jewelry industry in my country was about 820 billion yuan, an increase of 14%year -on -year, a record high.Among them, the market size of Pearls increased by 46%year -on -year, the market size of colored gems increased by 11%year -on -year, jade products remained stable, and the market size increased by 2%year -on -year.%And 16%.In addition, the size of my country's golden product market in 2023 was about 518 billion yuan, an increase of 26%year -on -year.Some gold jewelry sellers said that the sales volume has doubled five years ago.
Recently, the Diamond trader of Antwerp, Belgium, wrote to Indian Airlines, calling for a direct flight to the Delhi and Mumbai, saying that this move will save travel time and simplify business operations.In January of this year, Indian Airlines (affiliated to Tata Group) announced a large -scale expansion plan and plans to add 68 aircraft during the year.Diamond dealers believe that this is a good time to open a direct flight.Hyderabad Stocks
At present, there are no direct flights between Belgium and India's two largest diamond trading centers in the world, and the international business operations of diamond dealers need to travel frequently, including visiting customers, suppliers, and company subsidiaries all over the world. Passengers can onlyTransit in Dubai, Qatar, Switzerland or Germany.(Idex Online)
"Balen Weekly" posted last weekend that although the operating problems and multiple key markets including diamonds faced a severe situation, including its company Daibis's losses in 2023, which led to a decline in the stock price of British and American resource groups, "BarrenThe Weekly believes that the stock price of the British and American Resources Group will rebound.According to its analysis: First of all, British and American Resources Group is seeking cutting costs to solve operating problems; secondly, due to the increase in limited resources and the increase in green energy, copper has a good long -term prospect in metal, and copper is the group's most profitable money.The business has a new low-cost mine in Peru, and there are two other two in Chile. The annual output is about 1.2 billion pounds (about one-third of the industry leading company FreeT-Mcmoran), and cash production per poundThe cost is low (about $ 1.5).
SIGNET CEO Gina DROSOS said at the analyst conference on March 20 that consumers began to realize that the value of laboratory cultivation of diamonds is declining, and this trend may promote the development of the natural diamond industry in 2024.She believes that the introduction of more laboratories to cultivate diamonds into fashion categories is a "good strategy" for Signet.In addition, gold is also an opportunity for the company.According to DROSOS, SIGNET's laboratory cultivation of diamond sales accounts for the "dozen percentage points" of the total group revenue.Jaipur Wealth Management
The depth discounts of diamonds in the laboratory have affected the average transaction value of SIGNET in the fourth fiscal quarter as of February 3.During this period, Signet's sales decreased by 6%year -on -year to $ 2.5 billion.SIGNET is expected to "fall by one to two percentage points" throughout the jewelry industry this year.(Rapaport)Ahmedabad Investment
The 2023 annual report released by Intime Gold recently shows that operating income in 2023 was 8106 billion yuan, a year -on -year decrease of 3.29%; net profit attributable to shareholders of listed companies was 1.424 billion yuan, an increase of 26.79%year -on -year;The net profit of sexual profit and loss was 1.41 billion yuan, an increase of 37.21%year -on -year; the basic earnings per share were 0.5129 yuan; it was planned to distribute a cash dividend of 2.8 yuan (tax) per 10 shares to all shareholders.Indore Investment
The annual report also disclosed that the company's Blackhelk, Jilin Panmiaozi and Qinghai Dichai Dan have high -quality and strong profitability of gold mining assets. This year, the net profit contribution rate of the company's shareholders attributable to the parent company was 89.02%.
Recently, the Canadian mining company Lucara Company announced that it has signed a 10 -year sales agreement with the HB Group, which is less than half a year before the two companies have signed the agreement signed in November 2022.As before, according to the new agreement, the HB Group will purchase all 10.8 carats of rough diamonds produced by Lucara in Karowe ore in Botswana.The price will be estimated based on the price of the finished product diamond agreed on both parties, and based on the actual price of the finished drill, it will decide whether to pay the money from Lucara and deduct the fixed margin paid to the HB Group.Lucara said that this pricing mechanism will bring a stable cash flow to the company, and the cash flow will continue to be used for underground expansion of the Karowe mineKanpur Wealth Management. It is expected that the project will cost $ 683 million.(National Jewler)
According to Indian Gem Magazine, LEYSEN recently announced that it has reached deep strategic cooperation with the Natural Diamond Association (NDC) and officially signed a cooperation agreement.NDC is an international industry association consisting of the world's leading diamond mining companies. It has rich experience and resource advantages in diamond mining, processing, and sales.By cooperating with the association, Leysen can come into contact with more high -quality diamond raw materials to provide designers with a broader creative space.In addition, the two sides will also conduct in -depth cooperation in jewelry design, process innovation, and marketing.
According to Bloomberg, SHEIKH Ali Al Maktoum, Vice President and Prime Minister of the UAE, and the nephew of Dubai Chief, will open a family office in Hong Kong, becoming one of the first batch of well -known international investors to respond to Hong Kong's attraction of foreign investment plans.Eleanor Mak, CEO of the family office, revealed that this is the first overseas stronghold in the family office that will manage $ 500 million (about 3.9 billion Hong Kong dollars) funds.At present, industry opportunities, including artificial intelligence, construction, electric vehicles, tourism and fintech, have begun to negotiate with potential target companies.
In June 2021, the Hong Kong Investment and Promotion Agency officially established an exclusive team of the family office to provide one -stop services to the mainland and overseas family offices that intend to set up offices in Hong Kong.It is estimated that there are currently more than 2,700 single family offices in Hong Kong.
On May 13, 2024, Christie's will hold a rare watch auction at the Geneva Four Seasons Hotel. The auction is a private watch for Michael Schumacher.The host date coincides with the 30th anniversary of Schumacher won the first -level Formula driver championship.One of the highlights of the lot is the Royal Oak chronograph code watch. This is a gift given to him by Schumacher's early mentor Jean Todt during the Ferrari period to commemorate his sixth championship in his seven -level equations championship.Another worthy of attention is F.P. Journe Vagabondage 1 Model watch. This is also a customized work. The red dial records in detail the victory of all his World Championship.
TOLUNA and Metrixlab's "2024 Ramadan and Eid Hosting Insight" research shows that 64%of Saudi consumers believe that fasting is a good time for new procurement, which is higher than 55%in 2023.Financial data compiled by the Saudi Central Bank (SAMA) shows that the first week of Ramadan, Saudi Arabia's sales point business reached 169 million, with consumption expenditure exceeding 11.688 billion Saudi Lial (about 3.116 billion US dollars).The scope of sales business includes clothing, cultural entertainment, furniture, jewelry, etc. Among them, the number of jewelry business reached 167,000, worth 189 million Saudi Lial (about 50.396 million US dollars).
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