Gold and jewelry stocks showed a collective rebound in Hong Kong trading. As of press time, LAOPU GOLD (06181) rose 5.33% to HK$642.5, CHOW TAI FOOK (01929) gained 3.98% to HK$14.38, CHOW SANG SANG (00116) climbed 1.66% to HK$12.85, and LUK FOOK HOLD (00590) increased 1.09% to HK$24.18.

The recovery follows the release of new tax policies on gold transactions by China's Ministry of Finance and State Taxation Administration. Industry data shows significant pricing variations among brands after the policy implementation, with major players like CHOW TAI FOOK, CHOW SANG SANG, and others quoting jewelry gold prices between 1,255-1,259 yuan/gram, while some brands maintain prices in the 1,100-1,200 yuan/gram range.

Analysts note that while short-term price increases may temporarily dampen consumer demand, the new regulations are expected to standardize industry tax compliance practices. This could significantly impact non-compliant operators while strengthening the competitive position of leading brands, potentially driving long-term market consolidation toward major players.