Did you know that Hong Kong is the world’s premier trading hub for jewelry. It is a free port where there are no duties or restrictions imposed on precious jewelry products or related materials. It is also the ideal springboard from which traders worldwide can venture out to the booming markets of mainland China and the rest of Asia. The September Hong Kong Jewelry & Gem Fair, organized by UBM Asia, is the most important jewelry marketplace. Every serious jeweler and connoisseur cannot afford to miss this fair. It was first launched in 1983. This jewelry event attracts over 52,000 buyers from around the world each year. There is a diverse wide variety of over 3,600 exhibitors from 48 countries and regions that display a wide variety of fine pieces of jewelry. This Fair occupies up to 135,000 square meters of exhibition. The September Fair is the global marketplace where one can source jewelry, gemstones and related services, from around the world. Admission is limited to jewelry trade professionals only.
With numerous diamond jewelry boutiques throughout the city, Hong Kong is one of the most famous cities to present diamond jewelry in the world. Hong Kong’s jewelry industry development has been facilitated by the expansion of the local market, including sales to tourists. Jewelry production in Hong Kong encompasses a wide range of medium- to high-priced products. Hong Kong manufacturers are good at producing small stones fashion jewelry. Hong Kong is leading in the production of pure gold items, and has long been recognized as a major center for the production of jade jewelry. It has also evolved into a leading trading and distribution center for pearls. Hong Kong’s jewelry industry can be broadly classified into two sectors: jewelry made of precious metal and imitation jewelry.