9-9-2020
Webinar co-hosted by the Hong Kong Jewellers' & Goldsmiths' Association (HKJGA) chairman Kent Wong and the Asian Gemmological Institute and Laboratory Limited (AGIL) principal Dominic Mok, has invited the chairman of the Hong Kong Gemstone Manufacturer's Association chairman (HKGMA) Patrick Wu to share his fruitful experience in the gemstone industry.
Wu has devoted more than 50 years of his life to semi-precious stone procurement, from Taiwanese jade, tiger's eye, opal to lapis lazuli. He shared opal and lapis lazuli was sought-after back in the 1970s. Foreigners particularly American and Europeans came to Hong Kong for opal purchasing. Highlighting the vital role of building relationships among the industry across the supply chain, he discovered the business opportunity in lapis lazuli and successfully integrated horizontally. Despite the overwhelming shift to online sales, trade show is still one of the best places for business networking. Tucson Gem, Mineral & Fossil, the largest gemstone and semi-precious stone trade fair helps to expand business.
Forecasting the colour trend for 2021, Wong said blue hue would be the star. Patrick added lapis lazuli would continue to be a sought-after gemstone. He then pointed out: “Lapis lazuli which has no gold specks in within achieves higher price than gold-consisting lapis lazuli.”
The next webinar will be hosted on 28 October. Companies from the greater bay area will be invited.
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