Hong Kong Jewellery & Gem Fair September 2017

Hong Kong Convention and Exhibition Centre
Exhibition Information

We had exhibited at Hong Kong Jewellery & Gem Fair September 2017, held at Hong Kong Convention & Exhibition Centre for 5 days from 15/09/2017 to 19/09/2017.

The world economy is in an unstable state due to rising North Korean risk and American political turmoil. And, due to the change of economic structure, it is almost impossible to push up inflation rate or boost economic growth rate. Furthermore, the yield on US 10 – year bonds has declined to the point just below the 2% mark, by medium-term dollar selling.

The current economic structure allows consumers to quickly grasp differences in retail price online; as a result, shifting from real stores to e-commerce is proceeding and brand loyalty, or price leadership by vender is changing.This will not result in inflation at all. Currently, people, goods and money move freely across the borders, and a new business model is born one after another. Consequently it makes the world suddenly change. In the future, it is expected that foreign exchange, commodity prices, stocks, monetary policy, real estate market situation, taxation system etc., will also undergo major changes due to political risks. Under this borderless economy,it is an urgent matter to become to be able to deal immediately with dramatic change. 

It is not an exaggeration to say that the jewelry industry is also in a recession recently, and it seems that this Hong Kong show also started with little expectation. Contrary to expectations, there were many visitors from the first day and continued until the final day. I was convinced again that the September Hong Kong jewelry show had been recognized as one of the top three fair in the world. I think that even though trade of high-priced items was inactive, the willingness of buyers, who came to look for middle and low priced items, was high more than ever before.

Particularly in Japan Pavilion, there were many visitors at each company’s booth and they had spoken that the atmosphere was better than previous year.The trend of the September Hong Kong jewelry show affects the market price toward to the end of the year. Probably in these situations, the price is expected to rise in each item. As the situation in Japan is not good, how to judge the trend of overseas buyers is going to be the key point.

The environment surrounding us will change greatly in the future as well. Three elements of corporate management in the 20th century were said to be goods, capital and human resources, but now it is possible to substitute them in three clouds: cloud computing, crowd sourcing, and cloud funding. For this reason, there are many companies growing rapidly by having new ideas without having on their own resources. It seems inevitable that this trend will soon come to our industry. Our company would also strive to do new challenges as required by our clients. We would like to give our sincere gratitude to all of you who visited us during this fair. We are looking forward to seeing you soon at the next show.