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This has been going on for decades like that.
Many HK grey dealers had their watches from Europe - which is not possible now because there are no flights. So I guess that most HK greys now have HK market watches.
If Rolex HQ would really be interested in drying out the grey market, they could just ho there, buy some watches and pull AD Status from the AD on the certificate.
I‘ve been at HK greys and have seen hundreds of warranty cards from most major cities all over Europe ( he was seeking for a certain one and put the carton with the warranty cards on the table).
But I guess that pulling AD status from TSF would be even hard to swallow for Rolex.
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