What's ticking in watchmaking?

In this episode of Round Table, Steve, Yushan, and Yushun discuss the evolving consumer market for watches in China, noting the rise of domestic brands like Seagull and Feiyada that incorporate Chinese aesthetics and craftsmanship. They also explore the increasing popularity of smartwatches from brands like Huawei and Xiaomi, driven by health monitoring and convenient features, while also noting a decline in the secondhand market for traditional luxury watches like Rolex, suggesting a shift away from watches as speculative assets. The discussion touches on consumer preferences, technological advancements, and the potential for Chinese tech companies to expand globally through interconnected ecosystems. The "Happy Place" segment features Yushan sharing her joy over the reported engagement of Taylor Swift and Travis Kelce, sparking a conversation about their impact on both the music and sports industries.