Man Pong Jewellery is a Hong Kong-based jewelry retailer that sells gold jewelry, diamond jewelry, recycled gold products, and other jewelry items (silver, jade, gem-set) through five retail stores in residential and commercial areas across Hong Kong. The company targets middle-income local residents and Mainland Chinese tourists. Revenue comes primarily from direct retail sales, with pure gold products accounting for roughly 71% of product sales in FY24. The company also buys used gold from the public at a discount and resells it to corporate gold traders, acts as an agent sourcing gold bars for a commission of 2–2.5%, and offers installment payment plans of up to 24 months. Gold prices are the key financial driver: pure gold products dominate revenue, but diamond jewelry carries the highest margins (30–47%), while pure gold and recycled gold run lower margins (10–17%). Operating costs are primarily employee compensation and store lease expenses. Man Pong plans to expand by opening two new retail stores, renovating existing locations, and building an in-house jewelry design capability to attract younger customers. The company was founded in 2010 by Sze Kam Fuk, who remains CEO and chairman, and is preparing for a U.S. listing through a BVI holding company structure established in 2023.