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PwC predicts that china's luxury goods market will leap to the top of the global ranking by 2030.
PwC predicts that by 2030, China will become the world's largest individual luxury goods market with a market size of $148 billion. Intergenerational wealth transfer, new customer development, the rise of experiential luxury goods, hainan's high growth potential, and the improvement of online and offline services will all drive this growth.
Bvlgari CEO: The luxury goods market in China is expected to recover within two years.
Bvlgari CEO Jean-Christophe Babin stated that with the rebound of the Chinese economy, the Chinese luxury goods market may recover within the next 24 months.
ernest borel [01856] is currently trading at 1.36 Hong Kong dollars, with a decrease of 15.00%.
As of 13:46, Ernest Borel [01856] reported at 1.36 Hong Kong dollars, a decrease of 0.24 Hong Kong dollars or 15.00% from yesterday's closing price of 1.6 Hong Kong dollars, with a turnover of 0.2591 million Hong Kong dollars. Today's highest price was 1.75 Hong Kong dollars, the lowest price was 1.36 Hong Kong dollars. Based on yesterday's closing price, the 10-day average price is 1.47 Hong Kong dollars, the 50-day average price is 1.43 Hong Kong dollars. The current P/E ratio is 30.19 times, with a 14-day relative strength index of 57.78.
Ernest Borel Holdings Announces New Hong Kong Office
ERNEST BOREL: 2024 INTERIM REPORT
Performance: ernest borel (01856.HK) half-year profit turned into a loss of 5.337 million yuan.
ernest borel (01856.HK) announced its interim results for the period ending June of this year, with revenue of 40.068 million yuan, a year-on-year decrease of 51.5%. It reported a loss of 5.337 million yuan, compared to a profit of 1.271 million yuan in the same period last year; loss per share was 1.48 cents. No dividend will be paid.