bullish
Oriental Watch (398 HK)
SUMMARY
- Oriental Watch is a prominent luxury watch retailer in the Greater China region.
- While the company offers various brands, the majority of its sales, over 80%, come from its core brands, particularly Rolex and Tudor, a sister brand of Rolex.
- Over the past two years, Oriental Watch has benefited greatly from the strong popularity of Rolex watches and has rewarded its shareholders with a dividend payout of over 100%.
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