Chow Sang Sang

Chow Sang Sang Holdings International Limited, or Chow Sang Sang Group, doing business as Chow Sang Sang Jewellery Company Limited or Chow Sang Sang (Chinese: 周生生; Jyutping: zau1 saang1 saang1; pinyin: Zhōu Shēngshēng), is a jewellery company with its corporate headquarters in the Chow Sang Sang Building (Chinese: 周生生大廈; Jyutping: zau1 saang1 saang1 daai6 haa6; pinyin: Zhōu Shēngshēng Dàxià) in Kowloon, Hong Kong. Its registered office is in the Clarendon House in Hamilton, Bermuda.[1] and it is incorporated with limited liability in Bermuda.[2] It is SEHK: 116 on the Hong Kong Stock Exchange.[3]

Jewellery company in Hong Kong
Chow Sang Sang Holdings International Limited
Traditional Chinese 周生生集團國際有限公司
Simplified Chinese 周生生集团国际有限公司
Transcriptions
Standard Mandarin
Hanyu Pinyin Zhōu Shēngshēng Jítuán Guójì Yǒuxiàngōngsī
Yue: Cantonese
Jyutping zau1 saang1 saang1 zaap6 tyun4 gwok3 zai3 jau5 haan6 gung1 si1
Chow Sang Sang store in Central, Hong Kong

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Included in the group is a precious metals wholesale business. The company operates Chow Sang Sang jewellery stores. Over 50 stores combined are in Hong Kong, Macau, and Taiwan. Another 155 stores are located in 60 cities in Mainland China.[4]

The company’s Mainland subsidiary, Chow Sang Sang (China) Company Limited, is headquartered in Tianhe District, Guangzhou.[5]

Chow Sang Sang was established in Guangzhou by Mr. Chow Fang Pu (周芳譜) in 1934.[6] When Guangzhou fell to the Japanese during the Second Sino-Japanese War, the business was relocated to Macau in 1938.

During the 1930s and the 1940s Chow Sang Sang had branches in Guangzhou, Hong Kong, Macau and Zhanjiang, the management of which were divided among Chow Fang Pu’s six sons. Pursuant to his will and testament in 1946, all his descendants are entitled to use the trademark of 周生生 (“Chow Sang Sang”). As a result there are now two jewellery companies in Hong Kong bearing the name of 周生生, but no longer related to each other: C. S. S. Jewellery (粵港澳湛周生生, literally ‘Guangzhou-Hong Kong-Macau-Zhanjiang Chow Sang Sang’), descended from his wife’s three sons; and Chow Sang Sang (周生生), reestablished in Hong Kong by his concubine’s three sons in 1948.[7]

In 1973 Chow Sang Sang was publicly listed on the Hong Kong Stock Exchange. In the year ending 31 December 2011 its total turnover was HK$17,158 million.[6]

During the modern era, the first Mainland shop opened in Fuzhou, Fujian in 1993. In 2006 the company established its Mainland division, Chow Sang Sang (China) Company Limited; this after the Mainland government eased the process of a wholly foreign-owned enterprise gaining a business permit.[5] By 2008 the company’s main expansion strategy was focused on Mainland China; at that time it had a revenue of 9.88 billion Hong Kong dollars, or $1.27 billion U.S. dollars, and 190 locations in Hong Kong, Taiwan, Macau, and the Mainland, with over 40 of them being in Hong Kong.[7]

In May 2013 the antitrust bureau of the Shanghai Municipal Development and Reform Commission began an investigation of Chow Sang Sang, Chow Tai Fook, an industry association, and 11 gold retailers in China over concerns about price manipulation of gold in the City of Shanghai.[8]

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