A bank ATM machine with an UnionPay sticker in Shanghai, China. Photo: Bloomberg

UnionPay bars Chinese buyers from swiping for Hong Kong property

Starting Friday, customers who carry cards bearing the UnionPay logo will be barred from swiping them to pay for down payment on Hong Kong property, another step in China’s policies to stem capital flight

Topic |   Hong Kong property

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A bank ATM machine with an UnionPay sticker in Shanghai, China. Photo: Bloomberg
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