Fung Leung Kee Watch (馮良記表行) was a
legendary family-run watch retailer in
Wan Chai that
stood for over 80 years. It officially
closed its doors on March 30, 2026.
The History of Fung Leung Kee
- Wartime
Origins: Founded by Mr. Fung Leung in 1943 during the
Japanese occupation of Hong Kong, the shop became a cornerstone of the Wan
Chai community.
- Rolex
Pioneer: In the 1960s, Fung Leung Kee became
one of the first authorized dealers for Rolex and Tudor in Hong Kong. For
decades, it was the "go-to" spot for many locals buying their
first luxury timepiece to celebrate life milestones.
- Location: Originally located in a tenement building on Johnston Road, it later moved to Tai Yau Plaza due to urban redevelopment. The family also owns the Fung Leung Kee Center nearby.
Why Did It Close?
- Brand
Strategy Shifts: The primary reason cited by
industry analysts was the global trend of luxury brands (like Rolex) tightening their distribution networks and
moving toward direct-to-consumer flagship stores rather than traditional
family-owned dealers.
- Market
Evolution: The rise of smartwatches and
changes in the secondary luxury watch market made the traditional retail
model more challenging.
- Graceful
Retirement: With the family owning
significant real estate in Wan Chai, the closure was seen more as a
"glorious retirement" rather than a financial failure, ending on
their own terms after 83 years of service.











