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China demand to fuel Hong Kong iPhone grey market

Saturday 13 September 2014 @ 6:03 am

Wealthy mainland Chinese looking to buy the new iPhone 6 next week could expect to pay an eye-watering US$2,500 for the handsets in Hong Kong, following Apple’s decision to delay the launch in China. Hong Kong has long been a hub for resold and refurbished phones, and delighted vendors there were coping with a flood of pre-orders from the Apple-obsessed mainland. Apple this week unveiled the two …

[News Source]

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