By  on July 28, 2014

Chow Tai Fook, a giant in the jewelry world, is plotting the Chinese expansion of its latest acquisition: Boston-based diamond specialist Hearts on Fire.

Chow Tai Fook, which bought the American company for $150 million last month, plans to open 200 Hearts on Fire stores in Mainland China and Hong Kong within three years. Two stores will open by the end of the year in Hong Kong and Shanghai. These will complement Hearts on Fire’s existing Asian network of eight stores in Taiwan.

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