Cheng Yu-tung GBM

World Diamond Mark Foundation mourns death

of Cheng Yu-tung GBM, founder of Chow Tai Fook 
Hong Kong, October 6, 2016: The Chairman and Board of the World Diamond Mark Foundation (WDMF) mourn the passing of Mr. Cheng Yu-tung GBM , founder of the Chow Tai Fook Jewellery Group.

Mr. Cheng was one of the pillars of the diamond, gem and jewellery retail industry in Hong Kong and greater China. His vision, reach, resolve and success inCheng Yu-tung GBMdeveloping consumer demand in the world’s largest consumer market remain unmatched and will forever be remembered.
The WDMF will especially remember Mr. Chengsince — by means of his son Peter Cheng who holds a seat on the WDMF board — the CTF company was the first retail jewellery chain to support the WDMFand its objectives to drive consumer demand for diamonds and diamond jewellery in China and the world.

On behalf of the World Diamond Mark Foundation, and the diamond industry and trade at large, we express our deepest sympathies and offer our sincere condolences to the family and to the employees of the CTF company.

Our thoughts are with Peter and the whole Cheng family at this difficult time.