Chow Tai Fook Enterprises

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Chow Tai Fook Enterprises Limited
周大福企業有限公司
Type Listed company (SEHK1929)
Industry Conglomerate
Founded 1929
Founder(s) Chow Chi Yuen
Headquarters Hong Kong
Area served Hong Kong
Key people Honorary chairman: Dr. Cheng Yu-tung
Chairman: Mr. Henry Cheng
Website www.chowtaifook.com

Chow Tai Fook Enterprises Ltd. is a diversified, Hong Kong-based company engaged in the property development, hotel, casino, transportation, jewelry, port and telecommunications businesses.

Chow Tai Fook is a listed company mainly owned by Dr. Cheng Yu-tung as well as the chairman of New World Development Co. Ltd.

Chow Tai Fook is the major shareholder of New World Development Co. Ltd. (HKSE: 0017). It owns the Marina hotel property in Manila, the Philippines.

Divisions[edit]

Chow Tai Fook Jewellery Company[edit]

Hong Kong Shop of Chow Tai Fook Jewellery

Chow Tai Fook Jewellery Company is a jewellery retailer owned by Chow Tai Fook Enterprises. The brand is popular in the Mandarin and Cantonese-speaking world. The store has retail outlets in several countries, including over 150 retail outlets in mainland China. By 2010 September, there were 1,000 chain stores in mainland China (including franchisees and its own outlets, and the Chow Tai Fook set up its objective of opening 2,000 chain stores in mainland China by the year of 2020. Chow Tai Fook or CTF, plays a leading role in its market segment for a long time since it foundation, esp. from 1997. For 5 continuous years since 2005, CTF held the No.1 position of market share in its market segment[1]

In 2010, Chow Tai Fook purchased a 507-carat diamond for $35.3 million, setting a new record for the highest price paid for a rough diamond.[2]

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