HKTDC conducted surveys with 1,507 buyers and exhibitors at the Hong Kong International Jewellery Show 2026 and the Hong Kong International Diamond, Gem & Pearl Show 2026. Respondents were cautious as to their 2026 prospects and expected that it would take one to two years before confidence was fully restored. They also saw stylish fashion jewellery and precious jewellery as the most in-demand product segments, with gold-karat yellow the preferred choice of metal.
The General Administration of Customs ceased applying the value-added tax (VAT) exemption policy for imported platinum on 1 November. VAT exemptions for rough diamond imports and tax rebates on finished diamond imports have also been terminated.
The Polish Competition Authority (UOKiK) announced, earlier this year, a decision imposing a fine of PLN 4.3 million, roughly €1 million, on Scott Sportech Poland. The fine arose from the authority’s finding that the company had unlawfully restricted online sales of bicycles through measures imposed on its authorised dealers. At the same time, in Italy, the national competition authority (AGCM) is pursuing an ongoing investigation into the jewellery company Morellato on similar grounds, specifically concerning limitations placed on distributors regarding online platform sales.
Rising income and growing environmental awareness among consumers in Asia-Pacific generate new business opportunities for product and brand stressing on sustainability. Jeanine Hsu, niin’s company founder and designer, spoke with HKTDC Research on the importance of her brand’s values and designs, and her approach to business in the ASEAN region.
The GBA Standardization Research Center announced on 22 May that nine new items have been added to the list of standards to be adopted throughout the GBA upon consultation and mutual confirmation by the parties concerned in Guangdong, Hong Kong and Macao.
CBP has reclassified certain earrings with cubic zirconia as jewellery of semi-precious stones under HTSUS 7116.20.0500 (3.3 percent duty) rather than as imitation jewellery of plastic under HTSUS 7117.90.7500 (duty-free) and is seeking public input through 26 April on a proposal to reclassify certain optical patch panels.