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)
$0,02303
$0,02303$0,02303
+%2,26
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

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Seeker (SKR) will soon be listed on Bybit Spot, Alpha, and Byreal.

Seeker (SKR) will soon be listed on Bybit Spot, Alpha, and Byreal.

PANews reported on January 21 that Bybit will launch Seeker (SKR) on its spot, Alpha, and Byreal platforms. Users can quickly trade without setting up a separate
Share
PANews2026/01/21 08:20
CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39