Throwing good money after bad: man suspected of playing role in cash hurled off Hong Kong building gives HK$92,000 to restaurant that feeds the poor

  • Wong Ching-kit was bailed early on Tuesday in connection with Saturday’s stunt
  • Cryptocurrency entrepreneur donates cash to Pei Ho Counterparts Restaurant
PUBLISHED : Tuesday, 18 December, 2018, 5:29pm
UPDATED : Tuesday, 18 December, 2018, 11:15pm

The 24-year-old suspected of being behind the stunt that saw at least HK$6,000 in cash thrown from the top of a building in Hong Kong’s poorest district was back again on Tuesday – this time giving away nearly HK$100,000.

Wong Ching-kit, known online as “Coin Young Master” for his cryptocurrency business, was granted police bail in the early hours of Tuesday in connection with Saturday’s stunt.

Not long after, he announced on Facebook that he would make a donation to the Sham Shui Po restaurant known for giving away free lunches to the poor.

Streets around the Pei Ho Counterparts Restaurant were packed with journalists and curious passers-by as Wong arrived at 2pm, while dozens of police officers were deployed to maintain order.

Wong donated HK$92,000 to the restaurant for the caterer to provide more than 3,800 free meal boxes to people in need after a private 15-minute meeting with the owner, Chan Cheuk-ming, who is also known as Ming Gor.

Chan shook hands with Wong while holding the receipt for the donation.

“I am happy to have him here today, and to receive his support,” Chan said. “We will have to give away free meal boxes constantly for a whole month.”

Wong, who was arrested for behaving in a disorderly conduct in a public place on Sunday, said: “I want to appeal to the public that if you want to make a donation, in cash or in kind, you shouldn’t cause public nuisances.

“This is also the appeal of the police and Ming Gor. And I totally agreed.”

Wong declined to comment on his earlier arrest.

Restaurant owner feeding the elderly and homeless despite rejection and cynicism

When asked if his cryptocurrency business was a scam as some have claimed, Wong said: “I deny all the accusations. If a person thinks he was victim to a fraud, he should report it to the police.”

Wong, who was born Kwan Tsz-kit, and who previously worked as a swimming instructor, was convicted of theft and sentenced to 160 hours of community service in 2012. He changed his name afterwards.

Chan said he was not worried about where Wong’s money came from.

“We won’t ask every donor where they have got their money. Our activities are subject to official supervision,” the restaurateur said.

Wong’s car, which was bought for HK$6.2 million in 2012, is registered as belonging to a company he owns called Coin’s Group Limited.

Chan said Pei Ho Counterparts gives away some 5,000 rice boxes a month, supporting not only the poor, but also ex-offenders, and elderly people living on their own in public housing estates.

Banknotes falling from the sky send crowd into a frenzy

It was the second time Wong had visited the restaurant in three days, after his first attempt to give out meal coupons there on Sunday was stopped by the police who arrested him as he stepped out of his HK$6.2-million Lamborghini that afternoon.

News footage showed Wong holding a bundle of banknotes when he was picked up.

On Saturday afternoon, HK$100 bills were thrown from the top of a building at the junction of Fuk Wa Street and Kweilin Street in Sham Shui Po, sending a crowd of bystanders into a frenzy.

This came soon after Wong asked whether anyone would believe “money can fall from the sky”.

Officers recovered about 60 HK$100 bills at the scene on Saturday, and have appealed for members of the public who picked up money to hand it in.

On Tuesday evening, Wong held a press conference at this Sai Kung mansion, surrounded by his luxury cars including a Maserati and Mercedes-Benz.

He again declined to comment on Saturday’s stunt, other than to say he did not throw the cash. He would not, however, say why he was in Sham Shui Po at the time.

Wong said he had donated to charity before, and had not meant it to be quite so high-profile this time around.

“I only want to help people,” he said. “I think I will try to be more low-profile after all of this.”