Bella Hadid’s Favorite Choker Necklace Is on Sale For $18

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Everyone’s fave fashion icon, Bella Hadid, is undoubtedly the queen of Y2K and has brought back a lot of styles that you never thought you’d see again. However, her trendy outfits can cost quite a pretty penny and make anyone’s wallet cower in fear. We’re talking a $1,800 Balenciaga shoulder bag and an embellished Coperni top that you can’t even buy online. But recently, the supermodel has given us some glimmers of hope in affording pieces she has actually worn. Her latest must-have is a necklace from celeb-loved jewelry brand Frasier Sterling—and lucky for you, it’s actually within budget.

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Bella recently wandered off to the Cayman Islands and made sure to pack Frasier Sterling’s Monaco Cord Choker, which, by the way, is on major discount right now. Usually costing $36, the necklace is currently half-off ($18) with promo code XOX50. In fact, everything on the site is 50 percent off for a limited time. What a treat!

It’s easy to see why the model took this choker necklace on her tropical getaway. The stunning jewelry piece is made from a real freshwater pearl, a mother of pearl donut charm and a synthetic silk cord. And it’s all completely waterproof, which explains why Bella’s Instagram post shows her coming straight out of the water in the choker and a stringy white bikini. I am 100 percent bookmarking this look for summer ’fit inspo.

It might be hard to believe that all of this will ring you up for only $18, but Frasier Sterling is known for its affordable price tags, trendy designs and high-quality, handmade pieces. Hailey Bieber, Justin Bieber and Gigi

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Chinese investors ditch property for jade in search of higher returns

Sell-offs in Chinese equities and bonds and widespread defaults in the country’s property market are driving wealthy investors to re-examine one of Asia’s most traditional forms of investment: jadeite.

A coup in Myanmar, US sanctions and the Covid-19 pandemic have all but frozen supplies of the uncut stone, sending prices of finished jewellery bearing jadeite soaring.

Myanmar produces 70 to 90 per cent of the world’s supply of high-quality jadeite, which is the rarer and more valuable of two chemically distinct stones collectively known as jade. The stone is overwhelmingly sold to buyers in China and south-east Asia.

“The production [of jadeite] is getting less and less,” said Tommy Chan, a Hong Kong business owner who recently started purchasing less expensive jadeite jewellery pieces worth HK$80,000 to HK$200,000 (US$10,200 to US$25,500). “The value of jadeite will definitely go up.”

China’s equity indices have taken a hammering this year as traders fretted over the country’s strict adherence to its zero-Covid policy and a spat between regulators in Beijing and the US. The country’s benchmark CSI 300 is down more than 15 per cent year to date, while Hong Kong’s Hang Seng index has shed 13 per cent.

China’s corporate bond market has also been rocked by a wave of defaults in the property sector, while house prices, a driver of wealth for decades, have declined for 10 straight months after policymakers last year sought to limit debt levels at developers and restrict mortgage lending.

“Investors have to consider how to diversify,” said Will Wang, head of client solutions and Asia strategic partnerships at VP Wealth Management, the Hong Kong unit of the Liechtenstein-based private bank. “Many investors will see jade and jadeite . . . as part of their asset allocation.”

An artisan displays a piece of carved jade for a photograph in a workshop at the Mandalay Jade Market in Myanmar
Carved jade in a workshop in Myanmar. The
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