# luxury handbags

China’s Post‑05 ‘Treasure Hunters’ Recast the Second‑Hand Market — Gold and RAM Become New Hard Currency

China’s Post‑05 generation is transforming second‑hand consumption from a cost‑saving exercise into an appetite‑driven hunt for scarce goods, driving rapid user growth and higher spending on resale platforms. Certain categories — notably gold, memory modules and classic luxury pieces — have behaved like “hard currency,” retaining or gaining value even as broader product categories depreciate.