Chow Tai Fook Profit Climbs on China Demand For Jewelry
Henry Cheng, chairman of Chow Tai Fook Jewellery Group Ltd., pauses during a news conference in Hong Kong, China, on Tuesday, June 26, 2012. Chow Tai Fook, a Hong Kong-based chain with more revenue than Tiffany & Co., reported profit jumped 79 percent last fiscal year as it expanded and benefited from higher luxury spending in China. Photographer: Jerome Favre/Bloomberg via Getty Images
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