Top 10 favorite gift brands of rich Chinese men

Apple topped the list of the most popular gift brands among rich Chinese men, followed by Louis Vuitton and Chanel, according to the Hurun Chinese Luxury Consumer Survey 2018 released by the Hurun Research Institute.

The report, which has been carried out for over a decade, was based upon a survey of 463 millionaires with a personal wealth of at least 10 million yuan ($1.57 million).

Here are the top 10 brands that rich Chinese men prefer when it comes to gifts:

No 10 Rolex (2.7 percent male respondents' gift choice)