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Scalpers flip new Swatch-Audemars Piguet watches for 7x retail price

Scalpers in Hong Kong are reselling a newly launched Swatch-Audemars Piguet watch collection for up to seven times its retail price. Dozens of shoppers queued for days in the rain to purchase the ceramic pocket watches, with resale prices on platforms like Carousell reaching as high as HK$30,000 (US$3,840). The limited-edition "Royal Pop" collection was released in several Asian markets, including Singapore, Taiwan, Thailand, and mainland China. AI

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RANK_REASON Product launch with secondary market speculation.

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Scalpers flip new Swatch-Audemars Piguet watches for 7x retail price

COVERAGE [1]

  1. SCMP — Tech TIER_1 · Theodora Yu ·

    Scalpers list Swatch-Audemars Piguet watches hours after launch in Hong Kong

    Many shoppers who queued for days ahead of the launch of a new watch from two Swiss brands have listed the timepieces for sale within hours of buying them, with resale prices nearly seven times their original retail value. A South China Morning Post reporter observed at least 70 …