HK$15 million in bogus items seized in customs’ largest online fake goods case

HK$15 million in bogus items seized in customs’ largest online fake goods case

Hong Kong customs officers have uncovered the department’s largest-ever case involving counterfeit goods sold online, arresting seven people and seizing HK$15 million (US$1.9 million) worth of items, including bogus medications and fake Louis Vuitton and Hermès handbags. Hong Yan, a senior inspector with the Customs and Excise Department’s intellectual property general investigation unit, said officers…

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HK$15 million in bogus items seized in customs’ largest online fake goods case

HK$15 million in bogus items seized in customs’ largest online fake goods case

Hong Kong customs officers have uncovered the department’s largest-ever case involving counterfeit goods sold online, arresting seven people and seizing HK$15 million (US$1.9 million) worth of items, including bogus medications and fake Louis Vuitton and Hermès handbags. Hong Yan, a senior inspector with the Customs and Excise Department’s intellectual property general investigation unit, said officers…

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Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong banks and brokers reported keen interest in the latest batch of Silver Bonds compared with last year after subscriptions opened on Monday. HSBC, the biggest of the city’s three currency-issuing banks, said application volumes and values were higher compared with the first day of sales last year. “The share of digital submission continues…

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Hong Kong deploys 3 robotic ‘water-pumping dragons’ to drain 24 floods

Hong Kong deploys 3 robotic ‘water-pumping dragons’ to drain 24 floods

Hong Kong authorities have deployed three “mobile powerful pumping robots” for the first time to drain at least 24 flooded locations on a day when the city’s forecaster recorded the heaviest daily rainfall for August since 1884. According to the Drainage Services Department, multiple pumping robots, including three known as “water-pumping dragons” in Chinese, tackled…

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