I suspect that is not really lining up for Rolex purchase as I think there is still no immediate watch for sale at MSRP.
Study has been on going to see what has happened?
By the way the Rolex AD runner is Oriental watch company claims that they will not continue to rent that office by 2026 such that they can save up the rent HKD$1m a month.
So what is the indication?
Rolex market in Hong Kong is diminishing
Less people is buying Rolex now comparing with two years ago.
As you can see lesser people are wearing Rolex in a MTR train, I used to see at least 5 Rolexes at one carriage of MTR three years ago, now I can't hardly see one... Instead they are replaced by Apple watches!
That is not the real statistics, but this is my way to see how people's preference has been change for watches.
Paul Ip
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