Hong Kong sales make an interesting bellweather for the general health of the watch market in the Far East. Until last year, they were thriving, reaching rolex replica watches astronomical prices across a wide range of references, and hitting record after record with ultra-flashy and complicated modern wristwatches (Patek Philippe in particular). However, with replica watches last year's crackdown on luxury gift-giving in China (part of the larger anti-corruption crusade) the recent market dip, and subsequent deflation of the yuan earlier this year, the luxury watch market is in the replica rolex spotlight more than ever - and maybe in the crosshairs as well. The results of such economical challenges can be seen in the number of Swiss watch exports. A recent report from the Federation de l'industrie Horologere Suisse FH shows that between 2014 and 2015, there was a decrease by 20% in Swiss watches being exported swiss replica watches to Hong Kong. This further proves that the Asian watch market is on rocky ground (though some of that decline can be attributed to a shift in purchasing from local to overseas retailers) and is inevitably affecting the auctions in Hong Kong.