Caveat Emptor | South China Morning Post
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  • Jan 29, 2015
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Caveat Emptor

Salespeople spin a little magic - it has never been otherwise

Property developers' staff and directors can face up to seven years' jail for providing false information to potential flat buyers, under legislation proposed by a government steering committee ...

SCMP, Sept. 27

Sunday, 2 October, 2011, 12:00am

SFC may be overstepping the mark when reining in fraud

'... we have commenced more actions designed to send a stronger deterrent message to those who may be tempted to defraud the market.

1 Jun 2010 - 12:00am

Tighter regulation should not stop banks being innovative

Banks in Hong Kong have been selling high-yield solutions for many years. If Lehman Brothers had not gone bust and packages such as minibonds had lasted to maturity, happy investors would be thanking Lehman for its ability to create high yields. The truth is monetary policy and loose regulations over the past few decades have allowed excesses in the global financial system.

22 Oct 2008 - 12:00am

Law needed to protect us from unscrupulous vendors

I refer to Jake van der Kamp's Monitor column ('Forget law, buyer beware best advice for thin seekers', February 27), concerning the Consumer Council's report recommending a general consumer protection law to outlaw false, misleading or deceptive conduct in trade or commerce. Van der Kamp argued that caveat emptor, let the buyer beware, was a better option than any proposed legislation.

7 Mar 2008 - 12:00am

Of magically inflated breasts, astounding flat prices and the big bluff

I CANNOT DENY the appeal of the messages to which I am treated when I watch television. Drink this cognac and you too can be a French pseudo-nobleman. Wear this watch and you too can be an English country gent.

26 May 2005 - 12:00am

Bad fung shui

It should have been their dream home. When Ellen Lin and Derek Kwok saw the A$800,000 (HK$4.5 million) three-bedroom house in the upmarket Sydney suburb of Ryde, it seemed perfect for them and their three-year-old son, Clement. After being shown around the property three times, they put down an A$80,000 deposit and began planning their big move.

7 Oct 2004 - 12:00am

Using their illusion

Guns'n'Roses tickets go on sale today. Or do they? Doubts about whether the reclusive American rockers will actually appear in Hong Kong on August 14 are gathering faster than groupies at a stage door.

19 Jul 2002 - 12:00am

Time to talk safety

The tragedy in Guangdong over the Lunar New Year is the latest in an unacceptably long line of similar accidents.

While it is true that road travel inevitably involves a certain amount of risk, there is no doubt that the death and injury toll among Hong Kong people travelling by coach on the mainland has reached a level that demands urgent action.

14 Feb 2002 - 12:00am

Hell road paved with gazumptions

Someone in the Department of Justice needs to expand his or her vocabulary, and specifically needs to understand the meaning of the verb gazump.

Gazump is when you agree on a price with the seller of a flat you want and a few days later he tells you the deal is off because someone offered him more.

'What happened?' says a friend when you tell the sorry tale.

2 Sep 2000 - 12:00am

Evening with no redemption

The guiding principle for a happy life in Hong Kong is caveat emptor (let the buyer beware). I have learned to accept that you can find a nice meal, good service, or a reasonable price, but rarely two of these together, let alone all three. However, an evening at the Convention and Exhibition Centre has made me re-think. Now I expect nothing.

23 Feb 1999 - 12:00am

Going too far

Anyone who has lost savings through negligence or possible fraud is entitled to be angry. But the wrath of victims in the CA Pacific case has been demonstrated to such effect that they are now alienating public sympathy for their plight.

27 Feb 1998 - 12:00am

Defend consumers

THE Consumer Council has scored a worthy victory in winning a settlement of $80,000 for clients who paid good money for a bad product. Sadly, it will not also be a famous victory since the defending company agreed to settle out of court to preserve its anonymity.

21 Oct 1995 - 12:00am

Caveat emptor

THE end of the financial year is a time for reflection. A time for wiping the slate and making new resolutions. A financial catharsis allowing us to mentally write down those egregious financial decisions which blighted our personal balance sheets during the year.

18 Dec 1994 - 12:00am

Caveat emptor is order of the day

WORLD stock and bond markets rallied yesterday on the news of the rise in United States interest rates in what will probably be the last such increase this year.

Does the end of interest rate tyranny for the ''foreseeable future'' mean that Hong Kong stocks will rally to new highs, or was yesterday's $5.5 billion buying splurge another false start.

18 Aug 1994 - 12:00am

Bill's dangerous loophole

THE proposed Consumer Goods Safety Bill to be introduced into the Legislative Council next month is an overdue, and badly needed, addition to Hong Kong's limited consumer protection net. The Consumer Council has been calling for its introduction for more than a decade.

27 Nov 1993 - 12:00am