Business
Hong Kong woman, 66, loses HK$2.7 million in money-laundering phone scam
By Katherine Langford
Shenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland China
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
More from Katherine →Editor-in-Chief · Saturday, October 31, 2026 at 4:00 AM · 1 min read
Seventy-something Hong Kong retiree Leung Ching says a meal for four in Shenzhen, the megacity in mainland China roughly an hour’s train ride away, that cost just over 300 yuan (US$45) a few years ago now runs to 500 to 600 yuan. It would cost around HK$1,000 (US$127.50) in Hong Kong, but only 300 yuan in Guangzhou and just 200 yuan in Zhongshan, two cities within two hours of Hong Kong. “Shenzhen is becoming less and less affordable,” said Leung, a retired vendor. Last year, consumer prices in...
Up nextHong Kong woman, 66, loses HK$2.7 million in money-laundering phone scamBusiness · 1 min read
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