In Chinese culture jade is associated with long life and purity and many locals in Hong Kong wear protective jade pendants based on their birthday and zodiac. If the jade cracks that means some sort of bad luck has been averted.
An enormous three ton hunk of jade makes the beginning of the “jade street” section of Canton Road in Kowloon. Here you'll find more than 400 stalls selling jade bangles, rings, earrings and more.
Fakes, colored stones and low quality pieces abound, so unless you're an expert don't invest in any expensive pieces. This is a great place however to pick up inexpensive souvenirs or gifts. Buying a piece of jade here is a great cultural experience. The vendors love to tell stories about their stones and many of the same sellers have been at the market for decades. Don't forget to bargain: if the seller accepts you're first offer that means you are paying too much.