Shares in Hong Kong-listed jeweler Chow Sang Sang jumped as much as 11% on March 17 after the company forecast net profit from continuing operations for FY2025 of HK$1.6 billion–HK$1.7 billion ($204 million–$217 million), more than doubling from HK$772 million ($99 million) a year earlier. Chow Sang Sang attributed the guidance to improved sales across mainland China, Hong Kong, Macau, and Taiwan — particularly in the second half — alongside higher margins driven by rising gold prices and a greater share of fixed-price gold jewelry. The performance reflects a broader industry tailwind as global gold prices have climbed sharply.

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