Hong Kong Jewelry Giant to Shut About a Fifth of Stores

Hong Kong Jewelry Giant to Shut About a Fifth of Stores

Jan.14 — Chow Tai Fook Jewellery Group Ltd. said it plans to shut about 15 of its Hong Kong stores after their leases expire this year, in a sign that major retailers are starting to withdraw from the city’s economy as anti-China protests continue. Bloomberg Intelligence senior analyst Catherine Lim shares her views on "Bloomberg Markets: China Open."

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