Originally Posted by
Polomarc
...never seen so many watch shops, is it so much cheaper?...
No, watches are not a bargain in Hong Kong but there is high demand from mainland china for genuine high end watches (maybe as an investment). Also take a look at the Chinese jewelry stores, they are astonishing. Jade necklaces for GBP 100,000 and up for example, as well as gold in amazing quantities sold by weight. 10kg solid gold Winnie the pooh statues are particularly popular.