The persimmon carving on this charm is a visual pun rather than a picture: in Chinese the word for persimmon and the word for "matters" or "affairs" are near-homophones, so a branch of persimmons is read as a wish that all your affairs go well. Puns of this kind are everywhere in Chinese decorative carving.
The wood is Indian rosewood, dense and heavy for its size, with a fine grain that darkens with handling. The drop, including the silk tassel, is about 22 cm. The tassel can be shortened by trimming and re-knotting if your local rules on mirror ornaments are strict.