( CNN ) -- Gem-studded pandas climbing emerald bamboo trees . Opal dragons breathing ruby fire . A wrap knitted with strings of yellow diamonds . These are a few of the thousands of over-the-top jewelry collections being shown at Asia 's largest combined jewelry show this week . For the first time , two major jewelry shows are being held at the same time in Hong Kong . The 31st Hong Kong International Jewellery Show opened at the Hong Kong International Convention & Exhibition Centre on Wednesday . The Hong Kong International Diamond , Gem & Pearl Show opened at AsiaWorld-Expo on Monday . Combined , the shows bring more than 3,800 exhibitors and stores from 52 countries to show their most beautiful finished pieces . Shopping destination . It 's only logical that Asia 's most lavish jewelry shows take place in Hong Kong , a city peppered with jewelry manufacturers and stores -- many targeting free-spending Chinese tourists . According to the Hong Kong Trade Development Council , exports of fine jewelry from Hong Kong totaled $ 7.2 billion in 2013 , a 6.5 % increase from 2012 . At the Hong Kong International Jewellery Show in Wan Chai , the visuals are staggering , with a blinding glare from diamonds everywhere you look , set in every form imaginable . Trade customers carry giant suitcases , buying diamond necklaces by the bucket , while retail customers casually stroll from booth to booth . While the show is well known among industry people , it 's not widely known to the general public , possibly due to a misconception that it 's strictly a trade show . However , members of the public can enter with an admission fee of HK $ 100 ( $ 13 ) . Inside the halls they find one of the more shocking sights in Asia . Hefty bargains are available to `` civilian '' shoppers . Retail prices at the show are approximately 10 % higher than wholesale prices , but that still means savings of as much as 70 % over outside retail prices . `` I travel to Hong Kong to shop here once a year , '' said a female Korean shopper who asked not to be identified . `` I ca n't shop for jewelry anywhere else now -- the variety , the unique designs , the prices -- they 've all spoiled me for life . '' It 's best to check whether a shop will sell retail before haggling over prices . Most will , but some sell only wholesale . `` Around US $ 1 million so far , '' said one salesmen when asked about how much he 'd sold since the show began . Focus on design . While almost any form of design imaginable is available , it 's the uniquely Asian designs that stand out . A swarm of delicate butterflies , all an unusual shade of green , adorn the Wing Tai Ornaments and Jewellery Co. counter . `` We exclusively use an unfinished Burmese jade that 's named after the Chinese word for the patterns on deer , '' said Mandy Ho , a representative for the company . The show also hosts a design competition ; winners are featured in the gallery above . Hong Kong International Jewellery Show , Hong Kong Convention & Exhibition Centre , 1 Expo Dr. , Wan Chai , Hong Kong ; +852 2582 8888 ; March 5-9 , 10:30 a.m.-6:30 p.m. Hong Kong International Diamond , Gem & Pearl Show , AsiaWorld-Expo , Hong Kong International Airport , Hong Kong ; +852 2582 8888 ; March 4-6 , 10 a.m.-6:30 p.m. , March 7 , 10 a.m.-5:30 p.m .
two massive international jewelry shows opened in Hong Kong last year . Exports of fine jewelry from Hong Kong totaled 100 this week . Design competition winners are featured in the gallery above .