--- title: "Citychamp Watch & Jewellery Group Ends Inactive Joint Venture" type: "News" locale: "en" url: "https://longbridge.com/en/news/263523217.md" description: "Citychamp Watch & Jewellery Group has announced the termination of its inactive joint venture, Citychamp Allied International Limited, involving its subsidiary Union United. The dissolution is not expected to affect the company's business development or financial position. Citychamp operates in the luxury goods sector, focusing on watches and jewelry, and is listed on the Hong Kong Stock Exchange with a market cap of HK$826.9M." datetime: "2025-10-30T12:39:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263523217.md) - [en](https://longbridge.com/en/news/263523217.md) - [zh-HK](https://longbridge.com/zh-HK/news/263523217.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/263523217.md) | [繁體中文](https://longbridge.com/zh-HK/news/263523217.md) # Citychamp Watch & Jewellery Group Ends Inactive Joint Venture Citychamp Watch & Jewellery Group ( (HK:0256) ) has issued an announcement. Citychamp Watch & Jewellery Group Limited announced the termination of a joint venture agreement involving its subsidiary, Union United, and other partners. The joint venture, Citychamp Allied International Limited, was inactive since its inception, and its dissolution is not expected to impact the company’s business development or financial position. **More about Citychamp Watch & Jewellery Group** Citychamp Watch & Jewellery Group Limited operates in the luxury goods industry, focusing primarily on the production and sale of watches and jewelry. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange. **Average Trading Volume:** 64,715,460 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$826.9M Learn more about 0256 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [CITYCHAMP (00256.HK)](https://longbridge.com/en/quote/00256.HK.md) ## Related News & Research - [Pop Mart’s strong results fail to answer “next Labubu” question](https://longbridge.com/en/news/281829295.md) - [ARN Media Sets Hybrid 2026 AGM to Vote on Governance and Pay](https://longbridge.com/en/news/281828816.md) - [CaoCao Inc. (2643) Receives a Buy from Guosheng Securities](https://longbridge.com/en/news/281710868.md) - [A C-Suite executive at Pop Mart's biggest Chinese competitor explains what goes into making a hit toy like Labubu](https://longbridge.com/en/news/281606541.md) - [What Does The Japanese Bond Gap Have To Do With The XRP Price Reaching $150?](https://longbridge.com/en/news/281786433.md)