The Times Australia
Google AI
News From Asia

.

Diamond ICQ Investigates Motivations and Channels for Reselling Jewellery in the Hong Kong Diamond Market

Optimising and Consolidating Business Structure to Promote Sustainable Circulation Patterns in the Pre-owned Diamond Jewellery Industry

HONG KONG SAR - Media OutReach Newswire - 17 April 2024 - Diamond ICQ ("the Company") is one of Hong Kong's largest dedicated diamond stores, specialising in buying and selling various high-quality diamond jewellery.

The Company is committed to providing diamond collectors with flexible solutions and channels to resell their jewellery and collections. Since its establishment, Diamond ICQ has gained industry recognition and a reputation at home and abroad.

Photo of Diamond ICQ shop

A recent market research conducted by Diamond ICQ reveals that the global economic boost after the COVID-19 pandemic has fallen short of expectations in terms of speed and extent. Many jewellery owners are facing economic pressures and are seeking professional and reliable resale options to facilitate liquidity. Some sellers choose to resell jewellery due to financial considerations, while many collectors no longer feel certain pieces attached or meaningful to their current circumstances. Additionally, some owners also wish to raise funds and donate to charitable organisations by selling their family heirloom jewellery, expressing gratitude for past generations and giving back to society. Furthermore, there is a common demand for upgrading by trading in smaller diamond jewellery for larger ones. Diamond ICQ advocates and promotes the concept of sustainable circulation for diamond jewellery.

However, the current channels for diamond resale in Hong Kong are deficient. Large-scale international auction houses have high thresholds and transaction fees for diamond resale, and their processes typically require a long time to schedule queuing for vendue. Pawnshops, on the other hand, exercise particular caution regarding the risks associated with handling such items, meaning limited acceptance rates and categories. And those most accessible traditional jewellery stores, which used to offer buy-back services for their own products, have ceased doing so in recent years. This situation indicates "a thriving market without viable options" for reselling pre-owned diamond jewellery. In light of this, Diamond ICQ is actively optimising and consolidating its diamond jewellery resale business to gratify the market demand.

As the only dedicated pre-owned diamond jewellery store in Hong Kong, Diamond ICQ provides a one-stop service for buying, selling and consigning jewellery. Regardless of the size or certification status of the jewellery, the Company offers professional and fair valuation services, ensuring a smooth and efficient transaction process. With a top-notch team of experts and advanced equipment, Diamond ICQ can instantly authenticate diamonds and gemstones, and its online quotation service is fast and convenient. With the support of its substantial financial capabilities, the Company ensures that sellers receive immediate payment without worries afterwards. Diamond ICQ's diamond jewellery collection includes rings, necklaces, bracelets, earrings, and pendants. In addition, they offer loose diamonds, gemstones (such as rubies, sapphires, emeralds, etc.), pearls, and jadeite. All diamonds and jewellery must undergo rigorous quality control and a comprehensive appraisal process, guaranteeing authenticity identification and competitive pricing.

Mr Lam, the spokesperson of Diamond ICQ, stated, "Diamond ICQ aims to provide a one-stop service for jewellery enthusiasts. We value transparency and customer interests, respecting the needs and privacy of every customer and providing the most professional advice. Whether it's valuation or transaction, Diamond ICQ is known for its integrity and reliability, having established a solid brand reputation and customer base. The Company emphasises the concept of sustainable business and is committed to protecting the environment, giving back to society, and ensuring ethical trade. We promote environmental conservation and actively drive the circulation of value in diamond jewellery. We firmly believe that a sustainable business strategy not only contributes to industry development but also provides customers with diversified choices and solutions."

Hashtag: #DiamondICQ

The issuer is solely responsible for the content of this announcement.

About Diamond ICQ

Diamond ICQ is one of Hong Kong's largest diamond speciality stores and the only dedicated pre-owned diamond jewellery store in the city. The Company specialises in sourcing, evaluation, and fair sale of various high-quality diamonds and jewellery, providing customers with high-quality products and excellent customer service. As a company committed to integrity and sustainable development, Diamond ICQ aims to provide a one-stop service for diamond enthusiasts and jewellery collectors. Whether recycling diamonds or purchasing jewellery, Diamond ICQ promises to deliver superior products and exceptional service.

For more information, please visit or contact:

Diamond ICQ Showroom

Address: Room 1101-1102, 11/F, Winfield Commercial Building, 6-8 Prat Avenue, Tsim Sha Tsui, Hong Kong

Diamond ICQ Mira Place Branch

Address: Shop No. 362, Mira Place 2, 118 Nathan Road, Tsim Sha Tsui, Hong Kong

24-hour WhatsApp: (852) 6688 7759

To learn more about us, please scan the QR code below or click the link to visit the official website:



Caption


Times Magazine

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

Tim Ayres on the AI rollout’s looming ‘bumps and glitches’

The federal government released its National AI Strategy[1] this week, confirming it has dropped...

Seven in Ten Australian Workers Say Employers Are Failing to Prepare Them for AI Future

As artificial intelligence (AI) accelerates across industries, a growing number of Australian work...

Mapping for Trucks: More Than Directions, It’s Optimisation

Daniel Antonello, General Manager Oceania, HERE Technologies At the end of June this year, Hampden ...

The Times Features

When Holiday Small Talk Hurts Inclusion at Work

Dr. Tatiana Andreeva, Associate Professor in Management and Organisational Behaviour, Maynooth U...

Human Rights Day: The Right to Shelter Isn’t Optional

It is World Human Rights Day this week. Across Australia, politicians read declarations and clai...

In awkward timing, government ends energy rebate as it defends Wells’ spendathon

There are two glaring lessons for politicians from the Anika Wells’ entitlements affair. First...

Australia’s Coffee Culture Faces an Afternoon Rethink as New Research Reveals a Surprising Blind Spot

Australia’s celebrated coffee culture may be world‑class in the morning, but new research* sugge...

Reflections invests almost $1 million in Tumut River park to boost regional tourism

Reflections Holidays, the largest adventure holiday park group in New South Wales, has launched ...

Groundbreaking Trial: Fish Oil Slashes Heart Complications in Dialysis Patients

A significant development for patients undergoing dialysis for kidney failure—a group with an except...

Worried after sunscreen recalls? Here’s how to choose a safe one

Most of us know sunscreen is a key way[1] to protect areas of our skin not easily covered by c...

Buying a property soon? What predictions are out there for mortgage interest rates?

As Australians eye the property market, one of the biggest questions is where mortgage interest ...

Last-Minute Christmas Holiday Ideas for Sydney Families

Perfect escapes you can still book — without blowing the budget or travelling too far Christmas...