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Chinese private equity giant HongShan looks to offload its stake in AMI Paris

The expanding affordable luxury brand, AMI Paris, looks set to lose its majority shareholder, China’s HongShan.
The expanding affordable luxury brand, AMI Paris, looks set to lose its majority shareholder, China’s HongShan.© Studio Pachamama

The Chinese firm has tasked an advisory bank with selling its majority shareholding, acquired in 2021, in the French affordable luxury brand. The move comes at a time of expansion for AMI Paris, though there are few concrete details about how it is actually performing financially.

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The double-faceted game of the Parikh diamond dynasty

The Parikh natural diamond dynasty is increasingly investing in the synthetic stones market.
The Parikh natural diamond dynasty is increasingly investing in the synthetic stones market.© Studio Pachamama

Although the natural diamond giant De Beers recently announced it is discontinuing its Lightbox synthetic jewellery range, several diamond merchants are continuing to invest in the production of artificial stones. They include the Parikh family, who in various guises have a foot in both camps, trading in natural gems while also producing synthetic diamonds.

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