** Shares of jewellery retailer Luk Fook Holdings (International) Ltd climb 2.8% to HK$20.40, their highest since Oct 19
** Co expects its revenue for six months ended in September to rise over 30% YoY and profit over 40% YoY, thanks to improvement in retail sentiment in Hong Kong, Macau and China with retailing business returning to normalcy
** Stock of bigger rival Chow Tai Fook Jewellery edges up 0.5%, smaller competitor Emperor Watch & Jewellery
up 1.8%
** The Hang Seng Consumption Index slips 0.8%, the Hang Seng Index eases 0.7%
** Luk Fook stock down 12.1% YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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