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Hong Kong companies purchased pearls amounting to US$220 million from Japanese traders in 2015, 70 percent of which were re-sold to mainland China, according to a recent report.
Pearl jewellery has been steadily gaining popularity in mainland China especially since Chinese first lady Peng Liyuan has been spotted wearing pearl ornaments on several occasions, Tvbs.com.twreported.
In 2015, Hong Kong companies’ pearl imports from Japan recorded a 40 percent growth over the previous year, the report added.
More than 100 Japanese pearl traders took part in the recently concluded Hong Kong International Diamond, Gem & Pearl Show, many of whom reported brisk sales at the fair, it noted.
“Consumers from mainland China are interested in something topical, so Peng’s preference for pearls has certainly an effect over their buying choices,” Yoshihiro Shimizu, president of the Japan Pearl Exporters’ Association, was quoted as saying.
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Loose pearls |
[Source:- Jewellerynewsasia]