IMPORTANT: If you are in any doubt about the contents of this prospectus, you should seek independent professional advice. CHOW TAI FOOK. FUTURES ORDINANCE (CHAPTER OF THE LAWS OF HONG KONG) ARE CONTAINED IN THE PROSPECTUS OF THE COMPANY. CHOW TAI FOOK. HONG KONG) WILL BE CONTAINED IN THE PROSPECTUS OF THE COMPANY. Chow Tai Fook offers 1,,, shares for up to HK$ billion (Hong Kong, 4 December ) Chow Tai Fook Jewellery Group.

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Future sales, or perceived sales, of substantial amounts of our securities, including any future offerings, could also materially and adversely affect our ability to raise capital in the future at a time and at a price we deem appropriate. Challenging economic conditions and economic uncertainty over a prolonged period of time could adversely affect our sales or growth.

If we fail to compete effectively against our competitors, we may be unable to expand our market share in our key growth markets or in our product categories, and may lose market share.

Chow Tai Fook Jewellery Group Limited – Investor Relations > Investor FAQ

Appendix V — Statutory and General Information. If the PBOC interprets the Lending General Provisions differently to impose penalty on borrowers and imposes a fine on our subsidiaries, our results of operations may be adversely affected. We cannot assure you that the steps we have taken to protect our trade name or trademarks are sufficient or will be sufficient to protect our trade name or trademarks, or that our trade name or trademarks will not be subject to any infringement in the future.

Any of the above factors could increase the costs of our production or disrupt our production in the Pearl River Delta, which may have a material adverse effect on our business, results of operations or financial condition. Our headquarters are located in Central, Hong Kong. As a result, each of our PRC subsidiaries is restricted in its ability to transfer its net profit to us in the form of dividends. Total The Group 2.

The Major Subsidiaries were determined by our Directors on the basis of their revenue contribution to our Group. Cheng Chi-Kong, Adrian Mr. Expected Price Determination Date. We rely on local expertise and the decision-making of the managers and staff of our local prospecuts. As a result, we may incur significant expenses should we decide to acquire the right to use our trade name in these markets.


Investor FAQ

Comparatively, insales from Tier III cities and other lower tier cities accounted for approximately We have successfully in the past deterred prospects taken actions in cooperation with the relevant PRC authorities in several counterfeiting cases.

In particular, gold and diamond prices have significantly increased over the Track Record Period. Net cash used in from investing activities.

Significant economic downturns and decreased consumer confidence in the PRC may also affect travel to Hong Kong and Macau. Our success depends cnow on the efforts and abilities of key individuals who have valuable experience and knowledge of our products and industry, and who have made substantial contributions to the development of our operations, the design and craftsmanship of our products, and raw material procurement.

Increasing demand for differentiated and well-designed products Due to enhanced media influence, rising per capita disposable income and stronger desire to differentiate, PRC consumers have generally shifted their perception of jewellery as a homogenous product to an article that can complement their self-expression. For further contact details, please visit ” Contact ” on our website. Hong Kong, Macau and other Asian markets 1. We do not conduct hedging of our other raw materials as no established hedging instruments are available for certain raw materials, such as diamonds, that we use in our products.

We could be exposed to penalties or other liabilities in the United States if it were determined that our business activities resulted in prohibited transactions with gai and entities that are the subject of U. Byjewellery sales from department stores is forecasted to grow at a CAGR of Product segmentation in the PRC? PRC tourists constitute the largest single customer group for our sales in Hong Kong and Macau, as evidenced by the fact that approximately As a result, our watch business could be adversely tia.

We cannot assure you that we will anticipate or respond to changes in customer preferences in one or more of the regions in which we operate. We diversify our portfolio of hedging transactions across many counterparties. Other factors affecting the price of gold include the structure of, and confidence in, the global monetary system, expectations of the rate of inflation, the relative strength of, and confidence in, the US dollar the foom in which the price of gold is generally quotedinterest rates, gold borrowing and lending rates, and global or regional economic, political, regulatory, judicial or other events, as well as wars and other upheavals.


You should read that entire section carefully before you decide to invest in the Offer Shares. As part of the Reorganisation, Foshan Yushunfu became a subsidiary of our Group in However, due to the vast geographic coverage of the PRC and the costs foom with extensive store roll-outs, the franchising model has gained prominence with jewellery retailers as a cost-effective and efficient form of expansion, especially in the lower tier cities.

With plans to reach over 2, jewellery Prospecttus bywe aim to open a net of approximately jewellery POS per year. The experience of Ste Despite the rising demand for precious stones and metals, notably within the jewellery markets of the PRC, Hong Kong and Macau, the respective global supply prospecyus at a relatively stable level historically.

Trade names that are identical or similar to our trade name may have been registered or used by third parties in other markets we may decide to enter. Watch sales represented approximately 5. In any event, we cannot assure you that we will be able to renew our concessionaire agreements on the same terms or on commercially acceptable terms, in a timely manner, if at all. Our policy is to register and protect our trade name, trademarks and other intellectual property rights in the jurisdictions where we operate, to the extent we are able to under relevant local law.