Money rained down in Hong Kong

A hail of banknotes rained down onto the streets of a working-class neighborhood in Hong Kong, sending bystanders into a frenzy.

Video of the incident shows thousands of HK$100 notes fluttering to the ground after being tossed from the top of a residential building in Sham Shui Po district, prompting eager citizens to grab the bills while others filmed the dramatic moment. The man who was believed to be behind the stunt was arrested on Sunday for causing disorder in a public place, according to Hong Kong police.  While the authorities have yet to confirm the amount of money, local media including Sing Tao Daily reported the total amount handed out was worth as much as HK$200,000 (£20,280).

The stunt is believed to be organized by 24-year-old Wong Ching-kit, who is known online as Coin Young Master and runs Epoch Cryptocurrency, a company that promotes investment in digital currencies. The ‘money rain’ stunt was live-streamed on the firm’s Facebook page. ‘I wonder if any of you believe money could fall from the sky?’ he said, before the camera panned to the top of a nearby building which saw flurries of HK$100 bills flying down like confetti.  In the post, Wong said that he wanted to ‘help the poor by robbing the rich’.

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