Aug 6, 2026 – 8.00pmHong Kong-listed jewellery giant Lukfook is shrugging off a sharp fall in the price of gold and accelerating its expansion in Australia, betting that the booming Chinese diaspora will sustain demand.The retailer, which has more than 2900 outlets globally, primarily in China, opened its first shop in Australia in 2013 but has largely operated under the radar for almost a decade.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Hong Kong jeweller Lukfook bets on Australia’s Chinese diaspora
High demand for gold jewellery, despite the falling price of the metal, has led Lukfook to open two stores within the same Sydney shopping centre.










