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Panic over counterfeit 100 yuan notes spills across border into HK

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Some money changers in Hong Kong are refusing to accept 100 yuan banknotes with serial numbers starting with HD90 as panic over fake mainland notes spills over the border.

Hong Kong police said yesterday that they were staying in close contact with their mainland counterparts to keep updated on the issue.

Yesterday, some money changers in Hong Kong put up notices at their shops saying suspect 100 yuan banknotes would not be accepted.

A Sham Shui Po money changer said: 'To play it safe and to protect our interests, we are not accepting 100 yuan notes with serial numbers starting with HD90.'

Local media reported yesterday that more high-quality counterfeit 100 yuan notes had been found in some major mainland cities, including Guangzhou and Shanghai. Quoting mainland media reports, RTHK said many Guangdong residents had bought the fake notes via websites.

One Hong Kong man said he believed he had been given a fake note by a money changer in Kwai Chung.

The man told Cable TV that he had wanted to use the note to make a purchase in Shenzhen but was told by the shopkeeper it was fake.

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