China market

Tung Koon-ming, chairman and chief executive of Time Watch Investments at yesterday's press conference in Hong Kong. Photo: Nora Tam

Time Watch signals mainland intent with IPO

The initial public offering of Time Watch Investments, a mid-priced watchmaker listed in Singapore before being privatised in 2011 and now tapping into the Hong Kong market, is a play on domestic Chinese consumption but the company's rising inventory could be cause for concern.

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