By David Brough
HONG KONG – Diamonds supplier Dimexon reported strong business at the Hong Kong show earlier this month.
“Round white and brown melee diamonds as well as certified diamonds weighing more than 1ct sold well at the show,” Pranav Mehta, Dimexon’s Head of Asia, told Jewellery Outlook.
“The show was excellent as an opportunity to meet all the Chinese and South Asian clients under one roof over five days. It was important to be able physically to meet the Chinese clients after a gap of almost four years.”
The HKTDC Hong Kong International Jewellery Show and the Hong Kong International Diamond, Gem & Pearl Show ran concurrently from March 1-5, ending a hiatus of more than three years due to the pandemic.
“Overall there were a lot of people at the show and a lot of enquiries,” Pranav Mehta said.
“We expect the weeks that follow should bring in business consistently. The good news
is that the clients know the polished diamond prices are here to stay and won’t be lower. So either they need to recalibrate their qualities or adjust to the pricing. Things are pointing to a better Q2 and a strong H2.”
He added: “There was a general
wave of optimism and there were a lot of enquiries after the slumber (pandemic) and some meaningful business as well. It seems the Hong Kong show is back with a bang and here to stay. Expectations are high for a strong September Hong Kong show considering the pick-up of the Chinese economy would have peaked by then.”