Who’s got the next Labubu? Hong Kong creators eye a slice of ‘goods economy’ pie

May 29, 2025 | INVESTING

As an avid collector of modern and contemporary art, Hong Kong fintech millionaire Kenneth’s latest splurge is a whimsical luxury watch with a HK$2 million (US$242,000) price tag.
The limited edition timepiece by Swiss watchmaker Audemars Piguet features Companion, the toy character with a skull, crossbones and gloves by American Brian Donnelly, better known as Kaws.
The artist and designer first turned his Companion character into toys in 1999, selling out immediately. It is now one of the most…

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