far below the United States market 40%

Cheng Yu-Tung CHOW Tai Fook international placements in Hong Kong at the end of this month, early next year at the latest main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks saved! Cheng Yu-Tung is expected to total assets amounted to HK $ 244 billion after listing Super Li Ka-shing, Chow Tai Fook jewellery of meltingWork officially started. Hong Kong investors, zhoudafuzhu Po IPO underwriters have been frequent talks with many institutions subscribe, start international placing is scheduled for November 28. Though financing market downturn, Chow Tai Fook jewellery still hope years ago landed the stock exchange. According to the company had originally planned, before the first quarter of next year at the latest realization of IPO financing, and the fundraising50% funds be used to increase inventory. "CHOW Tai Fook rising gold and jewelry prices next year, and the company is in a stage of rapid development, so at the end of financing increased inventory.����"These agencies investors believe. Next year new 200 stores family held CHOW Tai Fook Cheng Yu-Tung and two major conglomerate new world development. CHOW Tai Fook jewellery shop opened in more than 80 years. ZhoudafuchengAfter the listing of investment banks generally valued at 240 billion Hong Kong dollar-HK $ 300 billion, listing more than 40 years of the larger new world development. According to HSBC and Deutsche Bank estimates, Cheng Yu-Tung family holding shares in proportion to CHOW Tai Fook is 74%, roughly $ 174 billion, therefore diablo 3 gold, Cheng Yu-Tung is expected to reach $ 244 billion in total assets, over Li Ka-shing, 2022Billion Hong Kong dollars level, become the richest man in the new Chinese. In view of this, Zheng's family listing carefully, with investment banks, GBS, communicate mainly by Cheng Yu-Tung of the eldest son and eldest grandson Mr Cheng says is responsible for, and Syndicate lineup is very large diablo 3 power leveling, including Goldman Sachs, JPMorgan Chase, Deutsche Bank, HSBC, Citigroup, UBS and Credit Suisse. The zhoudafuzhu treasure IPO financing is expected to exceed HK $ 22 billion.CHOW Tai Fook jewellery in Asia occupies absolute leading position in the industry, Liu Fu, as well as a surname of its sales are 3 to 4 times. Fiscal year 2010 (until the end of March this year), Chow Tai Fook jewellery operating revenue of HK $ 3.5 billion and net profit of HK $ 3.6 billion, an increase of over 50%. Market share in Hong Kong and Macao as 20.1% in the same period, the Mainland of China12.6%. Introduction to CHOW Tai Fook jewellery General Manager Huang Shaoji, Chow Tai Fook currently there are over 1500 retail stores, of which in Hong Kong and Macau 89, the rest in the Mainland.����Company plans to begin next year, an annual increase of 200 stores, towards the 2016 to reach 2000. Zheng's family in stock assets Goldman report points out that, at present ChinaConsumers in the diamond products consumption of 6% per cent, far below the United States market 40%, market potential is huge. Huang Shaoji believes that based on the current consumption, Gold Diamond rose typically par with CPI inflation, growth in its consumption and GDP of the velocity equivalent to 8% per cent a year is more reasonable. And the growth of CHOW Tai Fook jewellery norThe speed should be below.����Under the inflation expectations, market incremental zoom, snap up anti-inflationary psychology, this can lead to market supply and demand imbalances. From the beginning of the year, de beers to increase the jewelry shipping, and international gold prices have chonggao all the way. CHOW Tai Fook jewellery is obviously stock as soon as possible. According to Credit Suisse report shows that in addition to the operational expenditure this year of up to HK $ 15.6 billion,CHOW Tai Fook jewellery CHOW Tai Fook group borrowing more than HK $ 3 billion to shareholders, dividends owed more than $ 2 billion.����According to Zhou Tai Fook Group brand Director Chen Yibang revealed that CHOW Tai Fook every new store needs RMB 5 million as stock, calculated in accordance with future plans to open 200 stores per year, an annual increase of inventories amounting to $ 1 billion RMB. According to theIntroduction to institutional investors, the CHOW Tai Fook jewellery sale of stakes in the half for old unit sold, but not all issuance of new shares, comes from the old unit officers of Cheng and Zheng's family. "The equivalent part of Mr CHENG's family in stock assets. "This person said, Chow Tai Fook jewellery expansion process, store and occupied by Zheng's family and many gold and jewelry in stock funds, now IPO to raise funds to repay money occupation, at the same time reducing the old equity assets in stock, which is the Cheng family in recent years in international gold jewellery marketing the smart way to trade.