Individuals

Hon Kwok Lung

Chinese businessman connected to Swiss luxury watch industry acquisition by China Haidian/Citychamp, with links to CCP and European banking networks
AI-Generated Content
This content was written by AI and has not been 100% reviewed by the owner of this site. Read our disclaimer for more information.
individualsInvolvement: indirect

Summary

Hon Kwok Lung is a Chinese businessman with significant connections to the acquisition of Swiss luxury watch brands by Chinese state-linked corporations. His role in facilitating Chinese ownership of strategic Swiss assets connects him to networks involving the Chinese Communist Party, European banking families, and global elite circles.

Corum Watches Acquisition

In April 2013, Corum (Swiss luxury watch manufacturer founded 1955 in La Chaux-de-Fonds) was acquired by China Haidian (later renamed Citychamp Watch & Jewellery Group in 2014). This acquisition was part of a strategic Chinese effort to gain control of prestigious Swiss watch brands.

Acquisition Details

  • Date: April 2013
  • Acquirer: China Haidian Holdings Limited (HKEX: 256.HK)
  • Target: Montres Corum Sàrl, La Chaux-de-Fonds
  • Rebranding: China Haidian → Citychamp Watch & Jewellery Group (2014)

Associated Brands

Citychamp Watch & Jewellery Group also owns:

  • Eterna - Another Swiss watch manufacturer
  • Both Corum and Eterna are managed by a management committee

Chinese Communist Party Connections

All-China Federation of Returned Overseas Chinese

Hon Kwok Lung is connected to the All-China Federation of Returned Overseas Chinese, an organization that:

  • Serves as a united front organization for the CCP
  • Manages overseas Chinese affairs
  • Facilitates Chinese government influence operations abroad
  • Acts as a bridge between diaspora communities and CCP interests

Strategic Asset Acquisition

The acquisition of Swiss watch brands appears to be part of broader CCP strategy to:

  • Gain control of prestigious European luxury brands
  • Access Swiss manufacturing expertise
  • Establish footholds in European financial networks
  • Create channels for capital movement and influence

European Banking Connections

Bendura Bank AG

Connected to Bendura Bank AG, a Liechtenstein-based private bank. Liechtenstein's banking sector is known for:

  • Private wealth management
  • Discretion in financial transactions
  • Historical connections to elite European families

Dreyfus Family Connection

The Dreyfus family (Swiss banking dynasty since 1813) operates Dreyfus Söhne & Cie AG, Banquiers in Basel. The Dreyfus family is connected to:

  • Hermetic Order of the Golden Dawn - Together with Medici, Sassoon, Pritzker, and Hermes-Dumas families
  • Louis-Dreyfus Group - International shipping, agriculture, communications, and banking
  • RAND Corporation connections and AI weapons development
  • Montagu Family - British aristocracy married with Dreyfus family

The Basel-based Dreyfus bank is just 100km from La Chaux-de-Fonds where Corum is headquartered, suggesting potential regional financial networks facilitating Chinese acquisitions.

Network Analysis

China-Europe Elite Bridge

Hon Kwok Lung appears to function as a bridge between:

Chinese State Interests ←→ Swiss Financial/Industrial Assets
        │                            │
        ↓                            ↓
   CCP/United Front    ←→  Banking Families (Dreyfus, etc.)
        │                            │
        ↓                            ↓
   Capital/Influence   ←→  Luxury Brands (Corum, Eterna)

Management Structure

Following the Corum acquisition, the company is managed by a committee including:

  • Yeznig Magdhessian
  • Soon Boon Chong
  • Maxime Ranzoni

As of April 2025, a Management-Buy-Out was executed under Haso Mehmedovic with Swiss investors, returning Corum to Swiss ownership.

Significance

The Hon Kwok Lung network demonstrates:

  1. Strategic Acquisitions: Chinese state-linked entities targeting strategic European assets
  2. United Front Operations: Use of overseas Chinese organizations for influence
  3. Banking Integration: Connections between Chinese capital and traditional European banking families
  4. Occult Networks: Links to esoteric societies (Golden Dawn) through banking family connections
CorporationLocationConnection
Citychamp Watch & Jewellery GroupHong KongParent company
Corum WatchesLa Chaux-de-Fonds, SwitzerlandAcquired asset
EternaSwitzerlandSister company
China HaidianChinaOriginal acquirer
Bendura Bank AGLiechtensteinBanking connection
Dreyfus Söhne & Cie AGBasel, SwitzerlandRegional banking network

Quotes

Im April 2013 wurde Corum vom chinesischen Unternehmen China Haidian übernommen. ~ German Wikipedia

In April 2013, Corum was purchased by the "China Haidian Holdings Limited group" (HKEX listed code 256.HK), which the group was later rebranded to "Citychamp Watch & Jewellery Group" in year 2014. ~ English Wikipedia

The Medici are the main administrators of the Hermetic Order of the Golden Dawn together with families Dreyfus, Sassoon, Pritzker and Hermes-Dumas. ~ Documentation on elite societies