I think you're referring to the Faubourg Surprise Necklace (Product Reference: H100066FJ37). I do not believe that it is a "cadena" per se, although it shares the product name and lots of design aspects. I was quite shocked when the price was $36,700 HKD as well!
Same here, I want to see what this 2025 cadena actually looks like and if theres any surprise or interesting feature to it... or maybe its just a cylindrical tube wrapped in Epsom leather (hope not lol)
Yep! That’s it! Maybe could justify the price if it was sterling silver because it is so cool, but def can’t justify that price for stainless steel IMO!!