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A man in Wenzhou, Zhejiang province amazed shop clerks when he tried to pay for several iPhones with thousands of five mao (0.5 yuan) notes. 
According to Zhejiang Online, on September 13 a middle-aged man entered a mobile phone store in downtown Wenzhou and enquired about buying five gold iPhone 5S models. After some negotation, the man and the shopkeeper, surnamed Xu, agreed upon a bulk price of 20,000 (HK$25,180) yuan for the five phones. 
The man then left the store, returning with three large sacks from which he "poured bundles and bundles of money, all five mao notes," Xu said. 
The man told Xu that each bundle contained 500 yuan worth of bills and counted out 40 to cover the cost of the phones. 

"I've had this shop for more than 20 years and I've never encountered such a thing," Xu said. After examining the notes carefully to ensure they weren't fakes, he agreed to the transaction. 
Staff were reportedly laughing at the ridiculousness of the situation, and began snapping photos of the piles of cash. Unfortunately for Xu however, the story didn't have a happy ending. 
After taking the money to a local bank – which took nearly two hours to count it – the bundles turned out to only contain 10,000 yuan worth of bills, meaning Xu had been cheated of around 50 per cent of the cost of the phones. 
This story comes after Chinese consumers were left disappointed by Apple's apparent decision to overlook China for the launch of the iPhone 6 and iPhone 6 Plus, which went on sale in Hong Kong on Saturday. 
Pre-order stock was completely sold out on Apple's Hong Kong website within two hours, when the Apple Store app jumped to the top of app store charts worldwide as iPhone users attempted to upgrade to the latest device. 

 


Chinese man buys iPhone 5S with huge stacks of five mao bills

A Wenzhou man reportedly bought five iPhones with 40 bundles of 0.5 yuan notes. Photo: Weibo

Witnesses said the money was carried into the store in three large sacks. Photo: Weibo

When checked by a bank, the total value of the stacks of 0.5 yuan notes turned out to be less than half the cost of the iPhones. Photo: Weibo

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.css-sioo19{color:#c79a00;}New | Chinese man buys iPhone 5S with huge stacks of five mao bills

New | Chinese man buys iPhone 5S with huge stacks of five mao bills