Stocks in Hong Kong sees unusual movement | Companies in the jewelry sector continue to decline. Gold jewelry prices across the board have dropped below 1300 yuan. Institutions point to a sharp decline in gold jewelry consumption year-on-year in the first quarter.

According to the Wise Finance APP, the gold jewelry stocks continue to decline. As of press time, Luk Fook Holdings (00590.HK) fell by 4.07% to HK$21.2; Chow Tai Fook (01929.HK) fell by 3.47% to HK$11.42; Chow Sang Sang (00116.HK) fell by 2.07% to HK$9.92; and Lao Pu Gold (06181) fell by 1.09% to HK$399.6.