Schoolgirls Arrested Over HK$5mn Jewellery Theft

"); jQuery("#212 h3").html("

"); });
2018-05-02 HKT 11:30
Three primary school girls have been arrested in connection with the alleged theft of HK$5 million worth of jewellery.
The victim, a 39-year-old woman who recently moved in with a 10-year-old girl and her divorced father at a flat in Lower Wong Tai Sin Estate, called the police on Monday after realising that two diamond necklaces and a diamond bracelet had disappeared from her handbag.
Sources said police believed the 10-year-old girl stole the jewellery from the woman – an investment banker – because she disliked her.
The girl is suspected of giving the jewellery to a 12-year-old schoolmate to look after, although nothing was found at the classmate's home.
Another 12-year-old girl was also arrested and was later released on bail, while the other two were still being held for questioning.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more