RAPAPORT… Luk Fook’s share price rose 2% on Thursday as the Hong
Kong-based jeweler reported a jump in profit for fiscal 2017 and an improvement
in consumer sentiment in mainland China.
The company’s profit grew 7% to $131.6 million (HKD 1.03
billion) in the 12 months ending March 31, the retailer said in its Thursday statement. And while revenue dropped 9% to $1.64 billion (HKD 12.81…