Chow Tai Fook Jewellery Group, China’s biggest jewellery seller with thousands of stores across mainland China and Hong Kong, aims to enter the Middle East marketChow Tai Fook Jewellery Group, China’s biggest jewellery seller with thousands of stores across mainland China and Hong Kong, aims to enter the Middle East market

Chinese jeweller Chow Tai Fook to enter Middle East

2026/01/16 15:06

Chow Tai Fook Jewellery Group, China’s biggest jewellery seller with thousands of stores across mainland China and Hong Kong, aims to enter the Middle East market within the next two years.

“We remain committed to measured, value-adding growth, with Dubai and Doha on the horizon — a testament to our brand’s enduring global appeal,” Sonia Cheng, the comapny’s vice chairman, said.

Chow Tai Fook is also looking further afield for fresh growth, starting in Southeast Asia with a new store in Thailand.

The company opened a flagship store in the Thai capital Bangkok’s luxury shopping and lifestyle mall Siam Paragon on Friday.

The move is part of a wave of Chinese and Hong Kong consumer brands shifting abroad to offset slowing domestic demand, rising market saturation and pricing pressure in the world’s second-largest economy.

Cheng said the company’s international expansion “is seeing strong momentum in Southeast Asia”.

Chow Tai Fook also plans to open its first store in Australia and another in Canada by the end of June.

Chinese brands are actively expanding globally, moving beyond low-cost manufacturing, to build a stronger international presence in the consumer and lifestyle sectors with brands such as Pop Mart, Miniso, Xiaomi and Anta.

Founded 97 years ago, Chow Tai Fook has been challenged by newcomers such as Laopu Gold, which has gained popularity with its luxury retail experience and traditional Chinese craftsmanship jewellery in recent years.

Further reading:

  • The trade imbalance with China is focusing GCC minds
  • Dubai bets big on the new geography of gold
  • Turkish jewellery exports plunge as producers shut down
Market Opportunity
TARS Protocol Logo
TARS Protocol Price(TAI)
$0.02798
$0.02798$0.02798
-5.66%
USD
TARS Protocol (TAI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Crowned South Korea’s Most-Traded Crypto of 2025

XRP Crowned South Korea’s Most-Traded Crypto of 2025

XRP Surpasses Bitcoin and Ethereum as South Korea’s Most Traded Crypto in 2025According to renowned market analyst X Finance Bull, XRP dominated South Korea’s crypto
Share
Coinstats2026/01/16 16:54
DeFi Development Corp. expands Solana treasury accelerator

DeFi Development Corp. expands Solana treasury accelerator

Solana-focused DeFi Development Corp. has announced the expansion of its Treasury Accelerator program. Institutional interest in altcoins, including Solana, is rising. On Thursday, September 18, DeFi Development Corp. announced an expansion of its Solana treasury strategy. Notably, the firm will…
Share
Crypto.news2025/09/18 23:30
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42