Hong Kong jewelry retailer Luk Fook Group plans to open a net increase of 20 stores in overseas markets.

According to the announcement of the Hong Kong Stock Exchange, Luk Fook Group plans to increase its net number of stores in overseas markets by approximately 20 in the current fiscal year. Although gold prices hit a new high in December, fortunately, consumers have gradually adapted to the high prices, therefore, it did not have a significant impact on sales.