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2025-06-05 05:11:08

News - South China Morning Post (RSS Feed) on Nostr: What can consumers learn from collapse of Singaporean 1880 club in Hong Kong? The ...

What can consumers learn from collapse of Singaporean 1880 club in Hong Kong?

The Hong Kong branch of a Singapore-based private club has proceeded with liquidation with debts of about HK$20 million (US$2.5 million), following its abrupt closure after just seven months in business.
The Post unpacks the potential pitfalls of joining a private club and what consumers should do to protect themselves.
1. What’s happened to 1880 Hong Kong?
The private club, located at Swire Properties’ Two Taikoo Place office complex in Quarry Bay, on Friday announced it was closing, citing...



https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3313141/how-can-consumers-avoid-being-burned-after-collapse-singaporean-1880-club-hong-kong?utm_source=rss_feed
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