HK Stock Market Move | Gold and jewelry sector leads the gains, LAOPU GOLD (06181) increased by over 10%. In the past two weeks, the price of domestic gold jewelry per gram has risen by over 100 yuan.

Gold and jewelry stocks are leading the gains. As of the time of writing, LAOPU GOLD (06181) rose by 10.39% to 765 Hong Kong dollars; CHOW SANG SANG (00116) rose by 7.21% to 14.58 Hong Kong dollars; CHOW TAI FOOK (01929) rose by 5.13% to 15.36 Hong Kong dollars; LUK FOOK HOLD (00590) rose by 3.35% to 25.28 Hong Kong dollars. In terms of news, according to the Shanghai Securities News, on October 15, both international and domestic gold prices reached new highs. On that day, the prices of domestic gold jewelry announced by several gold and jewelry brands also rose sharply, with some prices exceeding 1235 yuan/gram. Specifically, on October 15, the prices of CHOW TAI FOOK gold (jewelry and craft categories), LUK FOOK jewelry gold 999/gold, TSE SUI LUEN gold jewelry, Guangdong CHJ Industry gold (jewelry ornaments) in the domestic market and the prices of gold jewelry in the Shanghai region of TSE SUI LUEN exceeded 1235 yuan/gram, the domestic price for CHOW SANG SANG gold jewelry was 1233 yuan/gram, both rising by over 100 yuan per gram since October 1st.