Fast cars, a mansion and cash from the sky: who is Hong Kong’s ‘Coin Young Master’, the man linked to banknotes tossed off Sham Shui Po building?
- Cryptocurrency promoter is out on bail after arrest over outrageous stunts in city’s poorest district
- No charges pressed but police investigating matter and seeking legal advice
A flashy car, a flamboyant mansion and cash for show – a young cryptocurrency promoter left a strong impression on Hongkongers on Saturday, after he was linked to at least HK$6,000 in cash being tossed from a building in Sham Shui Po, the city’s poorest district.
Wong Ching-kit, who denied he was behind the stunt that sent onlookers on the streets below into a cash-grabbing frenzy, was arrested on Sunday after he made a second appearance in the area.
The drama continued after he was granted bail and released on Tuesday. Wong then donated HK$92,000 to a restaurant in Sham Shui Po to feed the poor.
As intended, the incidents raised interest in Wong, but did he bite off more than he can chew in his run-in with police?
Who is “Coin Young Master”?
Wong, 24, is best known as “Coin Young Master” online – a name proudly displayed on his mansion in Sai Kung in the New Territories. Lending to his flamboyant image are a bevy of luxury cars, including a Maserati and Mercedes-Benz, parked outside the lavish home.